Aker Solutions has been selected as the management contractor for Brunei Shell Petroleum Co Sdn Bhd's (BSP) offshore construction and maintenance services.
The contract runs for five years and has an estimated value of over NOK 2.3 billion.
As the management contractor, Aker Solutions will be responsible for managing the construction and maintenance work for BSP's offshore assets, and transferring competence to enable local businesses to gradually assume responsibility for the work.
"This is another very important contract for Aker Solutions in South East Asia and a strategic development for our maintenance, modifications and operations business which has traditionally been North Sea based," says Tore Sjursen, head of Maintenance, Modifications and Operations (MMO) in Aker Solutions.
The contract duration is five years with an option of two additional years (5+2). The work for BSP will commence immediately and the first offshore campaign managed by Aker Solutions in Brunei is scheduled for 2013.
Aker Solution says local business development will be a priority. The Norwegian company says it will work to develop local business expertise to manage and deliver offshore construction and maintenance services to BSP and thereby contributing to the safe and continuous production from the offshore assets.
Aker Solutions has a strong presence in the Asia Pacific region with its regional head office in Kuala Lumpur, Malaysia and smaller hubs in Australia, India, Indonesia, Japan, South Korea, Thailand and Vietnam. The company recently also started building up in the Middle East, with the acquisition of NPS Energy, the Dubai-based well intervention services company.