@sapuraenergy.com
Sapura Energy Berhad
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Sapura Energy is a Malaysian multinational oil and gas company that provides a wide range of products and services to the energy industry. The company has its headquarters in Kuala Lumpur, Malaysia. Established in 1975 as Sapura Holdings, the company started as a construction and engineering firm.
Over the years, it expanded its services to include offshore and onshore drilling, exploration and production, engineering, procurement, construction, installation, and commissioning (EPCIC), and decommissioning services. Sapura Energy has a strong global presence, with operations in over 20 countries including Malaysia, Australia, Brazil, the United States, and Mexico. The company operates through several key subsidiaries, joint ventures, and partnerships.
Noteworthy subsidiaries include SapuraOMV Upstream, Sapura Fabrication, Sapura Energy Ventures, and Sapura Navegação Marítima. The company's main products and services include offshore drilling, subsea services, engineering and construction, EPCIC projects, and offshore support vessels. Sapura Energy is known for its expertise in deepwater drilling and has a fleet of modern drilling rigs and vessels.
In terms of market position, Sapura Energy is a key player in the global oil and gas industry. The company has a strong client base that includes major oil and gas companies such as Petronas, Shell, Chevron, and ExxonMobil. It has consistently reported high global sales and has maintained its standing amongst competitors through its strong technical capabilities and commitment to innovation.
Over the years, Sapura Energy has achieved several significant milestones and made strategic changes to drive its growth. In 2012, the company ventured into the Brazil market through a joint venture with Brazil's Seadrill. In 2014, it listed its exploration and production business, SapuraKencana Petroleum, on the Bursa Malaysia stock exchange.
In 2017, Sapura Energy underwent a rebranding exercise to reflect its expanded capabilities and global presence. As of the latest update, Sapura Energy continues to pursue growth opportunities in the energy sector. The company is actively involved in offshore exploration and production activities in Malaysia and other countries.
It also aims to diversify its business into renewable energy and digital solutions to adapt to changing industry trends. In conclusion, Sapura Energy is a Malaysian multinational oil and gas company with a strong global presence. With a wide range of products and services, the company has established itself as a key player in the industry.
It has achieved significant milestones and continues to evolve its strategy to drive growth and adapt to market dynamics
Company Type
Public Company
Company Size
5001-10,000
Year Founded
2012
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