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Proserv awarded contracts

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Oilfield Technology,

Proserv has been awarded a series of contracts worth around US$4 million for its well severance, platform and FPSO decommissioning services in the Asia Pacific region.

The contracts were awarded by Premier Oil in Indonesia; Chevron, through Baker Hughes, in the Gulf of Thailand; BHP, through Fugro, in Western Australia; and by PCPP Operating Company, through Sapura Technology Solutions Sdn Bhd in Malaysia. The awards add to Proserv’s US$12 million woth of decommissioning projects in recent months.

The contracts come at a time of strong investment and development, with the company currently investing more than US$2million to develop two new multi-string cutting systems for well severance campaigns, to meet market demand.

As part of the project work scopes, Proserv will provide abrasive cutting, cold cutting and dredging services using its portfolio of field-proven products and technologies. The company will also develop custom tooling solutions to support client engineering and decommissioning challenges.

Mathieu Al Kharfan, region president for Asia Pacific, said: “These recent wins are also a sign of our growing reputation as a decommissioning services partner in the region, providing clients with the most reliable and efficient technology solutions, delivered at the lowest cost.”

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