Subsea 7 today confirmed it has landed a three-year framework agreement with Chevron North Sea, Dana Petroleum, Hess Denmark, Nexen Petroleum, Taqa Bratani and Talisman Sinopec Energy UK.
The firm dubbed the deal a “sizeable contract”, which it considers to be between $50million and $150million.
The work includes Subsea 7 providing diver and ROV inspection, repair and maintenance, subsea construction and decommissioning services.
Phil Simons, vice president UK and Canada, said: “We are pleased to announce the signing of this important long-term agreement. The continuing relationships we have with each of our DSVi(2) clients is testimony of the shared objectives maintained since the original award, and its success in generating increased value opportunities. It represents our focused commitment to providing the right and cost-effective engineering solutions.”
The work will be managed by its Aberdeen office.