SLB has secured a contract from Brunei Shell Petroleum (BSP) to support the restoration of production from shut-in wells across multiple mature offshore fields in Brunei. Under the contract, SLB will provide an integrated production restoration program spanning subsurface evaluation, well candidate selection, engineering and offshore execution. The scope also includes project management, well intervention services, monitoring, metering […]
EnQuest PLC has been awarded a Production Sharing Agreement (PSA) for Block C in Brunei by the Petroleum Authority of Brunei Darussalam (PABD).
“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”, Paal Eikeseth, Executive Vice President and head of Aker Solutions’ Life Cycle Business, said.
PTAS Aker Solutions has secured a significant1 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.
TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has entered into an agreement to sell its wholly-owned subsidiary TotalEnergies EP (Brunei) B.V. to Hibiscus Petroleum Berhad, a Malaysian independent oil and gas exploration and production company, for a consideration of $259 million. The transaction is expected to close in the fourth quarter 2024.