Uzma's SVP Nets Well Services Deal with SEA Hibiscus

Thursday, December 3, 2020

Malaysian company Uzma has, through its subsidiary Setegap Ventures Petroleum (SVP), won a well services contract with the Malaysian oil firm SEA Hibiscus, a subsidiary of Hibiscus Petroleum.

Uzma said that the work order was part of a Pan Malaysia Umbrella Contract for the provision of integrated well services for intervention, workover and abandonment for Petroleum Arrangement Contractors (PACs).

Under the work order with SEA Hibiscus, SVP will provide well intervention and integrity operations as required at site using equipment, consumables, and technology as agreed by both parties.

Further, SVP will supply equipment including a supply vessel, coil tubing unit, pumping package, E-Line, consumables, as well as the project management team.

The duration of the work order is for one year. Uzma did not provide financial details.


Categories: Energy Subsea Activity Well Operations Asia Malaysia

Related Stories

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

China Starts Production at Major Oil Field in Bohai Sea

SBM Offshore’s Jaguar FPSO Enters Drydock in Singapore (Video)

Baker Hughes, Petronas Team Up for Asia-Pacific Energy Resilience

PTTEP Hires Energy Drilling’s Rig for Southeast Asia Offshore Job

Four Jack-Up Drilling Rig Deals Set to Bring In $129M for Borr Drilling

PTTEP Hires Velesto’s Jack-Up Rig for Drilling Campaign off Malaysia

Yinson Production Secures $1.17B Refinancing for FPSO Maria Quitéria

MODEC, Carbon Clean to Advance FPSO-Mounted Carbon Capture Tech

‘Ultra-Mega’ Offshore Deal for L&T at QatarEnergy LNG’s North Field Gas Scheme

Current News

PTTEP Acquires Southeast Asia’s Offshore Block from Chevron’s Hess Unit for $450M

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

Sapura Scoops Over $118M for Chevron, PTTEP Subsea Ops off Thailand

Pandion Energy Divests Interests in Three Norwegian Assets to Inpex

China Starts Production at Major Oil Field in Bohai Sea

Dutch Contractor Completes Malaysia’s Largest 'Rig-to-Reef' Decom Project

China Rolls Out 17MW Floating Wind Turbine Prototype

SBM Offshore’s Jaguar FPSO Enters Drydock in Singapore (Video)

EnQuest Picks Up Offshore Oil and Gas Block in Brunei

CNOOC Finds Oil and Gas in South China Sea

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com