Subsea 7 has been awarded a five-year contract by BP Exploration for the provision of subsea construction, inspection, repair and maintenance services covering BP’s North Sea region portfolio of assets West of Shetland and Northern North Sea.
Subsidiary i-Tech Services will provide a life of field support vessel for the contract to perform inspection, survey, intervention, light subsea construction and emergency response services.
Steve Wisely, senior VP at i-Tech Services, said: “We have over 20 years’ experience working with BP both in the North Sea and in particular the challenging environmental conditions offshore West of Shetland. This award, which is a renewal of our existing contract, acknowledges the strength and depth of our Life of Field capabilities, technology expertise and proven track record in the successful delivery of safe, efficient and reliable operations.”
The contract is worth in the region of $150m to $300m.