Vantris Energy Bhd · MYX:VANTNRG
Vantris Energy Bhd — Sapura Energy Berhad — Q2 FY2025 Earnings Presentation
16 slides from Vantris Energy Bhd's earnings presentation, Sep 26, 2024
Slide 1: Q2 FY2025 Investor Relation Pack
Q2 FY2025 Investor Relation Pack Sapura Energy Berhad | 26 September 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
9/26/2024 Content 01 Company Structure & Strategy 02 Q2 FY25 Financial Performance 03 Business Updates 04 Sapura Energy Reset Updates
Slide 4: Company Structure & Strategy
Company Structure & Strategy
Slide 5: Sapura Energy Berhad Leadership Team
Sapura Energy Berhad Leadership Team Board Group CEO 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 & Produc
Slide 6: Q2 FY2025 Financial Performance
Q2 FY2025 Financial Performance
Slide 7: Group Key Financial Performance
Group Key Financial Performance Amounts in RM million Key highlights: Q2 Q2 YTD YTD ▪ Sapura Energy Berhad and its subsidiaries ("the Group") reported a net Q2FY25 Q2FY24 loss of RM5 million in Q2FY25. Nevertheless, the Group generated FY25 FY24 RM275 million of free cashflows YTD Q2FY25. All 3 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 RM5.9bn Orderbook insights 25% E&C Division 52% Drilling O&M 23% Amounts in RM billion 18.6 11% 89% 20% RM2.0 bn RM16.6 bn FY25 Total bids Recognition 46%
Slide 10: Business Updates: E&C
Business Updates | E&C Continued delivery despite challenges 2 10 0 Completed Ongoing Commencement projects projects of new projects Keys to Turnaround ▪ Key offshore activities in Q2 FY25: Bekok/Tiong (Malaysia), ▪ Refine organizational framework to reinforce Bindu (Malaysia), HESS 4A (Malaysia), T
Slide 11: E&C - Brazil: Brazil operations continue to be resilient
Business Updates | E&C - Brazil Brazil operations continue to be resilient Location/Field worked (Basin) Key highlights Sapura Esmeralda Sapura Onix ▪ Fleet uptime 96.62% Campos Santos ▪ 90.32% QHSE perfect days Sapura Rubi Sapura Jade ▪ Onix campaign with Enauta ▪ Jade started a long-term Santos Ca
Slide 12: Business Updates: E&P
Business Updates | E&P Leading independent oil and gas company in Asia Pacific 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. The Group is making good progress i
Slide 13: Business Updates: Drilling
Business Updates | Drilling Rig activity Trend Consistent Progress and Stability # of active rigs by quarter Technical Utilisation (TU) Rigs Client Location (Operational Performance) Alliance PCSB Malaysia 100% Off-contract rigs Berani JX Nippon Malaysia 97.1% 1 1 1 0 2 Esperanza PCSB Malaysia 99.8%
Slide 14: Business Updates: O&M
Business Updates | O&M Maintain/deliver contracts and progressing on claims Hook Up & Commissioning Geosciences & OSV Technology & Subsea Services 4 2 3 3 11 17 Ongoing Completed On-going Completed On-going Completed Projects Project Projects Project projects Project ▪ EXXON PM-MCM & Shell TMM: ▪ On
Slide 15: Sapura Energy Reset Updates
Ii Sapura Energy Reset Updates Za
Slide 16: Progress and ongoing efforts to regain stable platform
Progress and ongoing efforts to regain stable platform Cash Legacy New Debt Divestment PN17 regularization Ongoing efforts Conservation contracts funding restructuring plan plan Reduce to 4 Implementation of Finalize and submit the Secure source for Address legacy contracts strategic divestment regu
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