Oilfield services company Expro has secured a five-year deal to carry out work on Repsol Sinopec’s North Sea assets.
The master services agreement will bring in £5million in the first 12 months.
As part of the contract, Expro will carry out well intervention services across each of Repsol’s installations.
Expro will provide staff to supervise all offshore well intervention activity.
Gary Sims, Expro’s UK area manager, said: “Securing this significant agreement gives a major boost to our UK well intervention business, as we work hard to maintain contracts with valued, long term customers.
“It continues our excellent relationship with Repsol Sinopec, which goes back to the company’s arrival in the North Sea two decades ago.
“The experience of our personnel, our strong safety culture and our commitment to service quality were critical in securing this contract – we look forward to further strengthening this relationship with Repsol Sinopec in the future.”