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Sapura Energy ends SapuraAcergy jv, takes over Sapura 3000 vessel

Sapura Energy ends SapuraAcergy jv, takes over Sapura 3000 vessel
Sapura Energy announced that it is discontinuing its SapuraAcergy joint venture with Subsea 7  and as a result has now become the sole owner of the Sapura 3000 self-propelled, dynamically positioned heavy lift derrick and pipelay combination vessel.

"Having full ownership of Sapura 3000 will further enhance the Group’s competitive positioning in the Engineering and Construction segment, the company said in a stock market announcement.

Sapura Energy added that the vessel has established a strong track record in executing heavy-lift, pipelay and decommissioning work for shallow and deepwater projects globally, including projects in Mexico, Japan, China, Australia and the Southeast Asia region. Sapura 3000 also successfully executed Malaysia’s first two deepwater development projects for the Kikeh and Gumusut-Kakap fields offshore Sabah.