Proserv scoops four deals in Asia Pacific region
- Business & Finance
Energy services company Proserv has been awarded a series of contracts for well severance, platform, and FPSO decommissioning services in the Asia Pacific region.
Proserv said on Tuesday that the contracts were awarded by Premier Oil in Indonesia, by Chevron through Baker Hughes in the Gulf of Thailand, BHP through Fugro in Western Australia, and by PCPP Operating Company through Sapura Technology 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 be used for engineering and decommissioning. The company added that the total worth of the contracts was around $4 million.
According to the company, the contract awards add to Proserv’s decommissioning successes in recent months with around $12 million worth of work secured in Asia Pacific, the UK, Scandinavia, and the Gulf of Mexico.
Mathieu Al Kharfan, region president for Asia Pacific, said: “We are delighted to have secured these awards which build on our 40-year track record in this sector and reinforces the quality and reliability of our products and services.”
The company also said that the Asia Pacific deals came after it invested more than $2 million to develop two new multi-string cutting (MSC) systems for well severance campaigns.