Oil giant BP has extended Odfjell Drilling’s maintenance service contract on three North Sea platforms.
The agreement is for platform drilling services on the Clair Ridge, Clair and Andrew platforms.
The two-year extension to existing contracts is estimated to be worth almost £40 million.
The deal also has two one-year extension options.
The current contracts will run to the end of January 2019.
Ole Fredrik Maier, EVP Platform Drilling said: “This award from BP to continue our long relationship recognizes Odfjell Drilling as a quality provider of platform drilling and maintenance services with a strong focus on safe and efficient operations.
“We welcome and appreciate this new contract award from BP and look forward to a further long and productive working relationship.”