Aker Solutions, PTAS JV Hooks Brownfield Services Extension off Brunei

Wednesday, June 4, 2025

PTAS Aker Solutions, a local joint venture between Aker Solutions and the Brunei company PTAS, has secured a two-year contract extension to provide offshore maintenance and modification services to Brunei Shell Petroleum (BSP).

The extension is a result of the customer exercising an option included in the current agreement, and its valued between $148 million and $247 million.

PTAS Aker Solutions has been awarded a contract extension for delivery of Offshore Restoration Maintenance Construction (ORMC) services for Brunei Shell Petroleum (BSP). 

The work will be managed from PTAS Aker Solutions’s office in Kuala Belait, Brunei Darussalam.

The scope of work covers maintenance and upgrades to sustain production levels across offshore assets in the South China Sea, with PTAS Aker Solutions serving as the main contractor.

"We look forward to leveraging an optimized delivery model and driving targeted improvement initiatives during this contract period. As the main contractor, we are committed to enhancing new ways of working and improving performance and efficiency while delivering cost reductions across the value chain", said Paal Eikeseth, Executive Vice President and head of Aker Solutions' Life Cycle Business.

Aker Solutions secured the first ORMC contract for Brunei Shell Petroleum in 2012 and the current contract in 2020 as PTAS Aker Solutions.

Categories: Subsea Industry News Activity Asia Oil and Gas

Related Stories

Pharos Energy Kicks Off Drilling Campaign Offshore Vietnam

US Pressure on India Could Propel Russia's Shadow Oil Exports

Pakistan, Türkiye Deepen Oil and Gas Ties with Offshore Indus-C Block Deal

Eni-Petronas Gas Joint Venture Up for Launch in 2026

Seatrium Secures ABS Backing for Deepwater FPSO Design

Aquaterra Energy Nets Subsea Analysis Contracts with INPEX off Indonesia

PTTEP Hires McDermott for Deepwater Subsea Job off Malaysia

PXGEO Nets First Seismic Survey off Malaysia

Inpex Kicks Off FEED Work for Abadi LNG Scheme Offshore Indonesia

Allseas-Boskalis Consortium Bags $1.4B Offshore Gas Pipeline Job in Taiwan

Current News

Sponsored: UAE Breaks Ground on GW-Scale Renewable Energy Hybrid

Pertamina Joins Petronas in Ultra-Deepwater Asset off Indonesia

Malaysia’s Petronas and Oman’s OQEP Strengthen Oil and Gas Ties

Southeast Asia’s 2GW Cross-Border Offshore Wind Scheme Targets 2034 Buildout

Pharos Energy Kicks Off Drilling Campaign Offshore Vietnam

Viridien to Shed More Light on Malaysia’s Offshore Oil and Gas Potential

US Pressure on India Could Propel Russia's Shadow Oil Exports

Energy Drilling’s EDrill-2 Rig Starts Ops for PTTEP in Gulf of Thailand

RINA Wins FEED Contract for Petronas’ Flagship CCS Project in Malaysia

ABL Secures Rig Moving Assignment with India's ONGC

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