PD&MS Energy has landed a five-year contract extension with CNR International (CNRI) for its work in the North Sea.
The contract win is the latest installment in the firms’ 10 year history together.
The international engineering company won the extension to deliver the engineering, procurement and offshore construction for all the operator’s drilling facilities in the UK, including the Ninian North, South, Central and Tiffany platforms.
PD&MS Energy director of projects, Mark Lunney, said: “We have worked hard to deliver the quality of service that CNRI expects and I’m extremely pleased that the support we have provided for CNRI in the North Sea for the past 10 years has been recognised.
“By choosing to continue the association with PD&MS Energy, this significant contract extension demonstrates our ability to offer a first class service providing complex engineering solutions within the drilling environment, which is a reflection of our talented and highly skilled personnel.
“We will carry on working closely with CNRI to ensure our engineers deliver the high calibre of work they have come to rely on.”
The contract win is in line with PD&MS Energy’s plan to double its business by 2016. Last year it recorded a turnover of £47million.
Lunney added: “We are entering a significant period of investment and growth for our company as we work towards our ambitious target of doubling the business by 2016.
“Our recent contract wins, coupled with our current investment plans and the steady growth we are seeing across our operations in the UK and internationally, will allow us to realise the full potential of the business in the years ahead.”
The firm, which currently has more than 200 onshore personnel, is also on the hunt for a new home-base in Aberdeen to accommodate its growing business.
The move would be the company’s second major property investment.
It also recently announced a £2.5million investment in a new state of the art rig repair and subsea fabrication facility in Dundee.
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