Bibby Subsea has won a contract to decommission a project in the Gulf of Mexico for an unnamed international oil company.
The work will employ the Houston-based company’s diving support vessel (DSV) Bibby Sapphire, which will relocate to the Gulf this month in time for the contract’s commencement in the first half of 2016.
Bibby and Aqueous, which provides manned diving and other subsea services, formed an alliance in July to jointly provide subsea services in the Gulf.
“North America remains a focus for our international expansion. We have a clear commitment to this region and will continue to develop our strategic alliance with Aqueos Corporation,” said Howard Woodcock, chief executive of Bibby Offshore, in a statement.
“The broader market remains challenging, but this new project demonstrates and endorses our ability to secure contracts in a highly competitive market.”