Subsea 7 S.A has announced it has won a “substantial” contract from BP Exploration for assets offshore Azerbaijan, with the work to be supported in Aberdeen.
The five-year deal is said to be worth between $150million (£108million) and £300million (£216million).
It will see Subsea 7 carry out inspection and maintenance services on the Azeri-Chirag-Gunalshi and Shah Deniz fields.
Services will begin this month, with a project team located in Baku and additional specialist support being provided from its i-Tech Services division in Aberdeen.
Steve Wisely, i-Tech Services Senior Vice President, said: “The award of this long term IRM contract by BP acknowledges the capability, capacity and diversity of our offering in the Life of Field market.
“This contract represents a significant milestone for i-Tech Services, with our entry into Azerbaijan. It provides us with an opportunity to develop our in-country and regional presence and tailor our service offerings to support BP’s ongoing IRM activities and future offshore developments.
“We look forward to growing our valued relationship with BP and extending our track record for successfully delivering safe, reliable and efficient Life of Field services.”
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