PTAS Aker Solutions has secured a significant[1] 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.

PTAS Aker Solutions, a local joint venture between Aker Solutions and the Brunei company PTAS Sdn Bhd, 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 Sdn Bhd’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. PTAS Aker Solutions combines strong local execution capabilities, with the full breadth of Aker Solutions’ international expertise.

The contract will be booked as an order intake in the second quarter of 2025 in the Life Cycle segment.

(1) Aker Solutions defines a significant contract as being between NOK 1.5 billion and NOK 2.5 billion.

About Aker Solutions

Aker Solutions delivers integrated solutions, products and services to the global energy industry. We enable low-carbon oil and gas production and develop renewable solutions to meet future energy needs. By combining innovative digital solutions and predictable project execution we accelerate the transition to sustainable energy production. Aker Solutions employs approximately 14,000 people in more than 20 countries.

About Shell plc

Shell plc is incorporated in England and Wales, has its headquarters in London and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects.