Subsea 7 S.A. has introduced the award of a considerable (1) contract by BP Exploration for the availability of subsea development, inspection, restore and upkeep companies overlaying BP’s North Sea area portfolio of belongings West of Shetland and Northern North Sea.
Under the phrases of the 5 12 months settlement, i-Tech Services will present a Life of Field assist vessel full with work class and commentary class ROVs, able to performing inspection, survey, intervention, gentle subsea development and emergency response companies.
Offshore actions started in January 2019 utilizing the corporate’s high-specification Life of Field vessel, the Normand Subsea. Project administration and engineering assist will probably be executed from i-Tech Services' workplace in Aberdeen, UK.
Steve Wisely, i-Tech Services’ senior V.P. mentioned, “We have over 20 years of expertise working with BP each within the North Sea and particularly the difficult environmental situations offshore West of Shetland. This award, which is a renewal of our present contract, acknowledges the power and depth of our Life of Field capabilities, expertise experience and confirmed observe document within the profitable supply of secure, environment friendly and dependable operations.”
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(1) Subsea 7 defines a considerable contract as being between $150 million and $300 million.
*someplace between £110-£225 million
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