Proserv secure decom contracts worth $4m in Asia Pacific

expat network

Proserv secure decom contracts worth $4m in Asia Pacific

Proserv has been awarded a series of contracts worth around $4m for its well severance, platform and FPSO decommissioning services in the Asia Pacific region.

The contracts have been awarded by Premier Oil in Indonesia; Chevron, through Baker Hughes, in the Gulf of Thailand; BHP, through Fugro, in Western Australia and by PCPP Operating Company, through Sapura Technology Solutions Sdn Bhd in Malaysia.

As part of the project work-scopes, Proserv will provide abrasive cutting, cold cutting and dredging services using its wide portfolio of field-proven products and technologies. The company will also develop custom tooling solutions, which is core to Proserv’s expertise, to support client engineering and decommissioning challenges.

These awards build upon decommissioning successes for the company globally in recent months with around $12 million worth of work secured in Asia Pacific, the UK, Scandinavia and Gulf of Mexico.

Mathieu Al Kharfan, region president for Asia Pacific, said: “We are delighted to have secured these awards which builds on our 40 year track record in this sector and reinforces the quality and reliability of our products and services.

“These recent wins are also a sign of our growing reputation as a decommissioning services partner in the region, providing clients with the most reliable and efficient technology solutions, delivered at the lowest cost, with no compromise on best in class HSE performance.”

The contracts come at a time of strong investment and development with the company currently investing more than $2million to develop two new multi-string cutting (MSC) systems for well severance campaigns, to meet market demand.

Source: www.proserv.com

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.