Aker Solutions has received a contract worth $400m (NOK2.3bn) from Brunei Shell Petroleum (BSP) to provide offshore construction and maintenance services for BSP’s assets located offshore of Brunei.
The company will serve as the management contractor for a total period of five years, and will gradually transfer responsibility to local businesses, thereby helping to build competence.
Tore Sjursen, Aker Solutions head of Maintenance, Modifications and Operations, said the contract will help the company develop its maintenance, modifications and operations business in south-east Asia, after having traditionally been based in the North Sea.
"We look forward to further develop[ing] Aker Solutions’ relationship to Brunei Shell Petroleum, and expand our operations in this region," said Sjursen.
The contract duration comes with an option of two additional years. Work on the project is expected to begin immediately, as the first offshore campaign to be managed by Aker Solutions in Brunei is anticipated to start from 2013.
Shell’s Brunei unit said in a statement to Reuters: "As the management contractor Aker Solutions will be responsible for managing the construction and maintenance work for Brunei Shell Petroleum’s offshore assets, and transferring competence to enable local businesses to gradually assume responsibility for the work."
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Aker Solutions is a provider of oil field products, systems and services; it has recently also acquired NPS Energy, the Dubai-based well intervention services company.