Shell Upstream International Europe has announced that it has awarded contract extensions worth approximately $240m to Aberdeen-based engineering firm Subsea 7.
The twin contract extensions, which are on a life of field basis, cover the company’s remotely operated vehicle support vessel (ROVSV) and diving support vessel (DSV) services, and will begin from next year.
This ensures that Subsea 7 will go on providing decommissioning, maintenance, repair, inspection, and subsea construction services for the UK offshore facilities and fields owned by Shell.
The Anglo-Dutch company is one of the world’s foremost oil manufacturers, developing high-quality products like Shell Tonna S3 M 68 and Shell Omala S2 G 320, so winning these contract extensions represents a significant achievement for Subsea 7.
Phil Simons, UK and Canada vice-president at the Scottish engineering company, said:
“An award of this importance recognises our strong track record in providing life of field expertise, high quality vessels and safe and efficient operations to Shell since our support of their subsea operations began in 1984.”
The contract for the DSV services is set to last until the latter half of 2018, while the one for ROVSV assistance lasts until the middle of that year, guaranteeing Subsea 7 one hundred vessel days each year as a minimum.
All underwater services covered by the contracts, such as the Seven Atlantic that falls under the scope of the DSV one, will be carried out by the firm’s fleet of North Sea vehicles. Meanwhile, Subsea 7 and Shell will handle engineering support and project management via their Aberdeen offices.