Kuala Lumpur, 25 September 2026
Vantris Energy Berhad (“Vantris Energy” or “the Company”) today announced that its Engineering & Construction (“E&C”) segment has secured two work orders from PETRONAS Carigali Sdn Bhd (“PETRONAS Carigali”), and PTTEP HK Offshore Limited and PTTEP Sarawak Oil Limited (collectively “PTTEP”) for the provision of offshore transportation and installation (“T&I”) services in Malaysia.
The work orders were awarded to VTEB Offshore Sdn Bhd (formerly known as Sapura Offshore Sdn Bhd), an indirect wholly owned subsidiary of the Company.
The first work order, awarded by PETRONAS Carigali under the existing Contract for Provision of Transportation and Installation of Offshore Facilities, comprises of offshore T&I work and is scheduled to commence in the third quarter of calendar year 2026 and is expected to be completed by the fourth quarter of calendar year 2027.
The second work order was awarded by PTTEP under the existing Contract for the Provision of Offshore T&I works for PTTEP development projects. The works are scheduled to commence in the third quarter of calendar year 2026 and are expected to be completed by the fourth quarter of calendar year 2027.
With a combined value of approximately RM1.8 billion, these awards further strengthen Vantris Energy’s order book replenishment and reflect the Company’s focus on securing opportunities that align with its core capabilities, execution strengths and long-term objectives.
Vantris Energy Group Chief Executive Officer Muhammad Zamri Jusoh said, “These awards further reflect the strength of our offshore construction capabilities. As we continue to rebuild and strengthen our order book, our focus remains on disciplined execution, safe delivery and operational excellence. The priority now is to convert these wins into strong project performance, healthier cash generation and a stronger foundation for sustainable growth.”
These awards reflect the positive momentum generated by the Company’s continued focus on operational discipline and commercial execution. Vantris Energy remains committed to strengthening its financial position, delivering projects safely and efficiently, and building a resilient business capable of creating sustainable value for all stakeholders.
For further editorial information, contact:
Vantris Energy Strategic Communications at corpcomms@vantrisenergy.com
Cautionary note: “Vantris Energy”, “the group” and “the company” are used for convenience where references are made to Vantris Energy Berhad in general. Similarly, words like “we”, “us” and “our” are used to refer to Vantris Energy Berhad in general or to those who work for the company and its subsidiaries, where relevant. This press release may contain forward-looking statements. All statements other than statements of historical facts included in this press release, including, without limitation, those regarding our financial position, financial estimates, business strategies, prospects, plans and objectives for future operations, are forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding our present and future business strategies and the environment in which we will operate in the future. Such forward-looking statements reflect our current view with respect to future events and are not a guarantee of future performance. Forward-looking statements can be identified by the use of forward-looking terminology such as the words “may”, “will”, “would”, “could”, “believe”, “expect”, “anticipate”, “intend”, “estimate”, “aim”, “plan”, “forecast” or similar expressions and include all statements that are not historical facts.