AUSTRALIA

PSN well and truly in Siberia

INTERNATIONAL services contractor company, PSN (Production Services Network), has announced the c...

This expansion comes on the back of PSN securing two oil and gas engineering contracts on Sakhalin Island, in Russia’s Siberia.

In a new joint venture – Sakhalin Technical Services Network (STSN) – PSN and partner TransStroy Sakhalin have signed a multi-million dollar contract with a major operator on Sakhalin Island.

This award supplements PSN’s recently acquired contract to supply technical support services as Sakhalin Energy Investment Company.

The company said that, taken together, the contracts were worth more than $A100 million and had firmly established PSN in the Siberian market.

PSN Australia Director, Dave Irvine, said the creation of the 100 specialist roles would support the project management and technical engineering in one of the world’s newest and most challenging petroleum basins.

“PSN engineers in Melbourne will be supporting our customers in the multi-billion dollar development of Russian oil and gas reserves in an area which is covered in Arctic ice for six months of the year,” Irvine said.

“We have the world’s best oil and gas engineering talent here in Australia and PSN will be recruiting specialist project engineers, mechanical and electrical engineers, quality and lead engineers as well as senior procurement advisors.”

PSN activities in Melbourne will include improving the performance of oil and gas facilities, both onshore and offshore, modifying pipelines and structures, reducing risk and enhancing safety for production facilities, making modifications to help reduce projects’ environmental impacts, providing training and advising procedural changes.

In Australia, PSN employs over 600 people in a range of engineering services for Bass Strait oil and gas producers as well as the Western Australian Water Corporation.

TOPICS:

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry