A mooring specialist based in Aberdeen has clinched a deal with BP in the North Sea worth at least £10 million.
First Marine Solutions (FMS), founded in 2009 and controlled by oil tycoon Ian Suttie, is providing mooring equipment across BP’s assets in the UK Continental Shelf.
The three-year contract commenced in July.
FMS said the deal was worth an eight figure sum, but didn’t disclose a specific value.
Bosses at FMS, headquartered in Bridge of Don, said the company would be taking on additional staff members to help fulfill the agreement.
FMS managing director Steven Brown said the contract award showed the firm’s recent £5m investment in equipment was paying off.
Mr Brown said: “This award demonstrates our capability and capacity to support the mooring equipment requirements for one of the leading operators in the UKCS.
“This contract award validates our recent investment in terms of both capital equipment and infrastructure, and is fundamental to our strategic growth plans.
“We very much look forward to delivering a first-class service.”
The company employs 14 people and provides a range of marine, technical, positioning and mooring equipment services, with products available for sale and rental.
It is part of Mr Suttie’s First Tech Group, which also comprises Aberdeen firms First Integrated Solutions, First Competence, Mooring Systems and Lancaster-based First Subsea.