Vantris Energy Lands Seven-Year Offshore Services Agreement With Aramco
2025-10-24 14:21
Favorite

Wedoany.com Report-Oct. 24, Malaysian offshore services provider Vantris Energy, formerly known as Sapura Energy, has signed a long-term agreement with Saudi Arabia’s energy company Aramco. The company announced the deal in a filing to Bursa Malaysia, stating that the contract covers the supply of diving support vessels with crew, remotely operated vehicles (ROVs), and the deployment of skilled diving and technical personnel to assist Aramco’s offshore operations.

The agreement will commence on May 1, 2027, and continue until April 30, 2034. It includes a wide range of offshore services such as inspection, survey, photography, non-destructive testing, structural maintenance, and repair activities. While the financial value of the contract has not been disclosed, Vantris Energy expects the deal to strengthen its financial position and contribute positively to its future earnings.

The company highlighted that the contract will also enhance its order book and broaden its operational capabilities. This collaboration is regarded as a key milestone in Vantris Energy’s strategic efforts to expand its offshore services business beyond Malaysia and reinforce its presence in the Middle East market.

Vantris Energy Chief Executive Officer Muhammad Zamri Jusoh stated: “This achievement validates our strategic direction to strengthen our operations and maintenance portfolio while expanding beyond Malaysian waters.” His comment underscores the company’s focus on growth and diversification within the international offshore energy sector.

The agreement with Aramco demonstrates continued demand for reliable and specialized offshore service providers capable of supporting large-scale energy operations. It also reflects Vantris Energy’s technical expertise in subsea maintenance and vessel management, developed over years of experience in the offshore oil and gas industry.

Aramco’s decision to engage Vantris Energy aligns with its ongoing efforts to ensure operational efficiency and safety across its offshore fields. The collaboration is expected to foster a stable, long-term partnership between the two companies.

Located in Malaysia, Vantris Energy has been diversifying its portfolio to include integrated services across offshore support, engineering, and maintenance. This latest contract reinforces the company’s commitment to expanding its regional reach and leveraging its technical capabilities in global projects.

Overall, the agreement marks a significant development for Vantris Energy, enhancing its role as a regional offshore service provider while supporting Aramco’s extensive offshore activities. The long-term cooperation is anticipated to deliver steady growth, strengthen operational resilience, and create new opportunities for both parties in the evolving offshore energy landscape.

This bulletin is compiled and reposted from information of global Internet and strategic partners, aiming to provide communication for readers. If there is any infringement or other issues, please inform us in time. We will make modifications or deletions accordingly. Unauthorized reproduction of this article is strictly prohibited. Email: news@wedoany.com