Odfjell Technology bags three-year gig with Petronas
Offshore operations, well services technology, and engineering solutions supplier Odfjell Technology (OTL) has secured a long-term wellbore cleanup equipment and services deal in Malaysia with Petronas Carigali, a subsidiary of Malaysian oil and gas player Petronas.
Odfjell Technology, a spinoff of Odfjell Drilling, revealed on Thursday that it has been awarded a three–year contract with Petronas through its local agent, Time Marine Services, to provide all required tools, chemicals, and services for the company’s wellbore cleanup operations in East Malaysia.
Paul Toner, Vice President of MEAA Well Services at Odfjell Technology, remarked: “We are delighted with the confidence Petronas Malaysia has shown in us through this contract award. We are committed to delivering strong operational and QHSE performance while being commercially attractive, which underpins our strategy to be the number one provider of wellbore cleanup operations in Malaysia.”
The latest deal follows Odfjell Technology’s successful delivery of similar services to other operators offshore Malaysia. The company’s range of wellbore tools on the market covers the full spectrum of wellbore cleanup requirements, while its areas of core competence also cover on-demand design and engineering solutions to meet all types of specialised tooling requirements.
When it comes to Odfjell Technology’s most recent activities elsewhere, the firm confirmed earlier this month that it is close to finishing a three-year drilling project in Romania with Black Sea Oil & Gas.
Despite significant operational challenges, which arose from the Covid-19 pandemic, the company expects to finish this project on schedule this summer.
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