Production
Brunei Shell Petroleum Awards Contract to Decommission Aging Offshore Oil Platforms
Brunei is decommissioning its old offshore oil structures
Released Monday, February 24, 2025
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February 23, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Brunei Shell Petroleum (BSP) (Panaga Seria, Brunei) has awarded Serikandi Hilong Sdn Bhd--a joint venture between Serikandi Oilfield Services (Brunei) and Hilong Marine Engineering (Hong Kong)--a major contract for the engineering, preparation, removal and disposal (EPRD) of redundant offshore oil structures.
As part of its decommissioning and restoration (D&R) program, Brunei plans to remove over 50 platforms, many of which are more than 50 years old, along with more than 70 pipelines, starting in 2025, utilizing Hilong's construction vessel, Hilong 106.
With some of Brunei's oilfields reaching the end of their lifecycle, the country is now entering a D&R phase, marking a significant shift since first production began in 1959.
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Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 Trillion (USD).
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