Easternwell enters Brunei market

Transfield Services subsidiary Easternwell has expanded internationally through an agreement with a local Bruneian oil and gas company, Flux O.S. SDN BHD (Flux). Easternwell is providing services to support Flux’s new A$100 million, seven year contract with a global energy organisation to deliver well intervention and abandonment services.

Easternwell is project managing 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 A$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,” commented Joe Sofra, Transfield Services' Chief Executive Resources and Energy. “The agreement is low risk and a strategically significant entry into an established resources and energy market.” Easternwell is one of Australia’s leading drilling and well servicing companies, and a fully owned subsidiary of Transfield Services.

It works with some of the biggest names in the industry including Santos, QGC, Arrow Energy, Glencore, Hancock, Chevron and BHP, and currently has over 60 rigs and employ more than 1,200 people. Transfield Services employs more than 19,000 people across 18 industries and 10 countries, providing operations, maintenance and construction services to the resources, energy, industrial, infrastructure, property and defence sectors.

The Company delivers asset management services across all phases of the asset lifecycle, from concept and creation, to services that sustain, optimise and enhance asset performance. For more information visit www.easternwell.com.au