Aker Solutions awarded brownfield services contract in Brunei

Published by Nicholas Woodroof, Editor
Oilfield Technology, Tuesday, 31 March 2020 15:30

Aker Solutions, in a joint venture (JV) with PTAS Sdn Bhd, has signed a five-year agreement to provide offshore maintenance and modification services to Brunei Shell Petroleum (BSP).

The scope of work covers maintenance and upgrades to maintain production levels for more than 200 offshore assets.

The name of the new entity is PTAS Aker Solutions Sdn Bhd. The JV will ensure continuity of delivery to BSP and has a strong local execution capability, combined with the full value of Aker Solutions’ international expertise. The work will be managed from PTAS Aker Solutions Sdn Bhd’s office in Kuala Belait, Brunei Darussalam.

"We are pleased to continue our work for Brunei Shell Petroleum and look forward to help extend the lifetime of the offshore installations in the South China Sea," said Luis Araujo, CEO of Aker Solutions.

As a result of the contract award, Aker Solutions will book order intake of about NOK4 billion in 1Q20, in line with the company’s announcement from 15 January 2020.

Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/31032020/aker-solutions-awarded-brownfield-services-contract-in-brunei/

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