SapuraKencana Petroleum Berhad's (“SapuraKencana”) presence in Brazil continues to grow after entering the market with its first pipelaying support vessel (“PLSV”), Sapura Diamante, on June 28, 2014. On 14 February 2016, its latest PLSV, Sapura Jade commenced work with Petróleo Brasileiro S.A (“Petrobras”) on schedule in Brazil. SapuraKencana’s offshore operations are being executed in Brazil for Petrobras by its Brazilian joint venture company Sapura Navegacao Maritima (“SNM”), a 50:50 venture with offshore drilling company Seadrill Ltd. In November 2011 and in June 2013, SapuraKencana’s joint venture company in Brazil, SNM, was awarded…