OIL service company Sigma3 has been awarded a two-year contract extension with Shell UK in the North Sea worth hundreds of millions of pounds.
This win extends the deal until the end of 2011.
The value of the latest extension is understood to be more than £400million.
Sigma3 is a joint venture set up by AMEC, PSN and Wood Group to provide integrated services to Shell in the North Sea. It employs 1,000 people on the Brent and central North Sea platforms and at Shell sites in Aberdeen.
Sigma3 general manager Alan McPherson said: “Sigma3 is delighted to have been awarded a further extension to this significant contract, which already marks more than six years’ continuous service for Shell.
“During this time, we have executed in excess of £1.3billion of maintenance and modifications projects on behalf of and with Shell. It confirms Shell’s confidence in our ability to continue to deliver excellent performance and the success of Sigma3 and Shell working together.”
John Hollowell, vice-president for production with Shell E&P Europe, said: “Sigma3 has demonstrated continual improvements on all fronts including safety and asset integrity. We look forward to working together to maintain this successful relationship.”