Vantris Energy Bhd · MYX:VANTNRG
Vantris Energy Bhd — Sapura Energy Berhad — Q1 FY2025 Earnings Presentation
16 slides from Vantris Energy Bhd's earnings presentation, Jun 27, 2024
Slide 1: Q1 FY2025 Investor Relation Pack
Q1 FY2025 Investor Relation Pack Sapura Energy Berhad | 27 June 2024 www.sapuraenergy.com
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements. All statements other than statements of historical facts included in this presentation, including, without limitation, those regarding our financial position, financial estimates, business strategies, prospects, plans and objectives f
Slide 3: Content
Content 01 Company Structure & Strategy 02 Q1 FY25 Financial Performance 03 Business Updates 04 Sapura Energy Reset Updates
Slide 4: Company Structure & Strategy
Company Structure & Strategy
Slide 5: Board
Board Datuk Anuar Stephane Nasri Pandai Puspa CEO CEO CSO CPO Engineering & Operations & Group People Construction Maintenance, Strategy & Culture QHSE Louay Zamri Norzaimah Andy Ganesh CEO CEO Group CGC CRO Group CFO Drilling Exploration Legal & Production & Compliance Group Group Finance Finance C
Slide 6: Q1 FY2025 Financial Performance
Q1 FY2025 Financial Performance
Slide 7: Q1 FY25 Key Highlights
Amounts in RM million Key highlights: Q1 Q1 YTD YTD FY25 FY24 Q1Y25 Q1FY24 Sapura Energy Berhad and its subsidiaries ("the Group") reported a net gain of RM82 million in Q1 FY2025. Free cashflows generated in Q1 FY2025 are Revenue 1,176 952 1,176 952 approximately RM132 million. E&C and O&M busi
Slide 8: Business Updates
Business Updates
Slide 9: Group Bid Book and Orderbook
Group Bid Book and Orderbook Orderbook replenishment is a challenge, but possible with trusted partnerships Western Hemisphere Eastern Hemisphere RM7.0bn Orderbook insights 23% E&C Division 48% Drilling O&M 29% Amounts in RM billion 23.8 13% RM3.0 bn 87% RM20.8 bn 23% FY25 Total bids Recognition 46%
Slide 10: Keys to Turnaround
8 10 5 Ongoing Completed Commencement projects projects of new projects Keys to Turnaround Key offshore activities in Q1 FY25: Chevron RFP-1 & RFP-2 Refine organizational framework to reinforce (Thailand), ENI Congo LNG (Congo), Pan Malaysia Bekok/Tiong operational excellence (Malaysia), Santos
Slide 11: Fleet Locations and Key Highlights
Location/Field worked (Basin) Key highlights Sapura Esmeralda Sapura Onix Fleet uptime 99.29% Campos Santos 96.67% QHSE perfect days Sapura Rubi Sapura Jade Onix campaign with Enauta Jade campaign with PRio Campos Santos Sapura Diamante Sapura Topazio Santos Campos
Slide 12: Divestment of 50 percent stake in SapuraOMV
Sapura had entered into a conditional Sale and Purchase Agreement to divest our 50 percent stake in SapuraOMV Upstream Sdn Bhd (“SapuraOMV”) to TotalEnergies Holdings SAS in April 2024. In June 2024, we had received PETRONAS's approval for the change of control in SapuraOMV in respect of the product
Slide 13: Rig Activity Trend
Rig activity Trend # of active rigs in the quarter Technical Utilisation YTD Rigs Client Location (Operational Performance) Alliance PCSB Malaysia 100% Off-contract rigs Berani JX Nippon Malaysia 97.62% Esperanza PCSB Malaysia 99.72% Active rigs Jaya Chevron Angola 99.29% Pelaut PCSB Malaysia 96.73%
Slide 14: Hook Up & Commissioning, Geosciences & OSV, Turbomachinery
Hook Up & Commissioning Geosciences & OSV Technology Services 9 1 6 4 9 12 Ongoing Completed On-going Completed On-going Completed Projects^ Project Projects Project projects Project Ongoing vessels on-hire : S. Wira Completed 2 gas turbines inspection SKG MCM: Completed 5 years TMM (PTTEP), S
Slide 15: Sapura Energy Reset Updates
| Sapura Energy Reset Updates i
Slide 16: Progress-to-date
Cash Legacy New Debt Scheme of Divestment PN17 regularization Ongoing efforts Conservation contracts funding restructuring Arrangement plan plan Rescoped 6 of the Secure source for Implementation of Finalize and submit the Address regularization plan to Bursa Reduce cost base legacy contracts new fu
Sapura Energy Berhad — Q1 FY2025 Earnings Presentation on 6ix