Proserv Nets $4M in Asia Pacific
- Business & Finance
Energy services company Proserv has been awarded a series of contracts worth around $4 million for its well severance, platform and FPSO decommissioning services in the Asia Pacific region.
The contracts have been 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 in Malaysia.
As part of the project work-scopes, Proserv will provide abrasive cutting, cold cutting and dredging services. The company will also develop custom tooling solutions to support client engineering and decommissioning challenges.
These awards build upon decommissioning successes for the company globally in recent months with around $12 million worth of work secured in Asia Pacific, the UK, Scandinavia and Gulf of Mexico.
Mathieu Al Kharfan, region president for Asia Pacific, said: “We are delighted to have secured these awards which builds on our 40 year track record in this sector and reinforces the quality and reliability of our products and services.
“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, with no compromise on best in class HSE performance.”
The contracts come at a time of investment and development with the company currently investing more than $2 million to develop two new multi-string cutting (MSC) systems for well severance campaigns.