Business/economics

PTAS Aker Solutions Secures Brownfield Services Contract Offshore China

The five-year contract is worth an estimated $400 and covers more than 200 offshore assets.

Offshore platforms at night falls
Akers Solutions

PTAS Aker Solutions, a (JV) between Aker Solutions and PTAS Sdn Bhd, signed a 5-year agreement to provide offshore maintenance and modification services to Brunei Shell Petroleum (BSP).

The scope of the work under the contract award, first announced in January, covers more than 200 offshore assets in the South China Sea.

The JV will also ensure continuity of delivery to BSP with work managed from PTAS Aker Solutions’ office in Kuala Belait, Brunei Darussalam.

As a result of the contract, Aker Solutions will book order intake of about NOK 4 billion ($400 million) in the first quarter.