Australia-based Easternwell, a subsidiary of Transfield Services, has expanded through an agreement with Flux O.S., a Bruneian oil and gas company. Easternwell will provide support services for Flux’s new AUS $100-million, seven-year contract with a global energy organization to deliver well intervention and abandonment services. Easternwell will manage the build and delivery of Flux’s new heavy mobile onshore workover and well servicing rig.
It will also supply senior rig crew, together with HSE and maintenance personnel, to Flux in support of their contracted scope of work. The total value for Easternwell is expected to be AUS $10.5 million over a five-year period.
“We are partnering with Flux to deliver an extensive scope of work safely and efficiently to one of the world’s foremost energy companies,” said Joe Sofra, Chief Executive of Resources and Energy for Transfield Services. “The agreement is low risk and a strategically significant entry into an established resources and energy market.”