Subsea 7, Sapura end partnership

Subsea 7 and Sapura Energy Berhad have agreed to terminate the SapuraAcergy joint venture.

Oct 17th, 2017

Offshore staff

LUXEMBOURG – Subsea 7 and Sapura Energy Berhad have agreed to terminate the SapuraAcergy joint venture.

SapuraAcergy’s heavy-lift and pipelay vessel,Sapura 3000, has been sold to a subsidiary of Sapura Energy Berhad.

The decision reflects both companies’ revised strategic priorities. Subsea 7 said it remains committed to the Asia/Pacific region, with offices in Malaysia, Australia, Indonesia, and Singapore.

10/17/2017

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