FLEXIBLE-PIPE specialist flexlife said yesterday it had landed additional subsea engineering support work with Apache North Sea to double the value of a contract awarded earlier this year.
The extra business brings the value of the contract to nearly £5million over three years, with the option to extend to five years.
Aberdeen-based flexlife’s original deal covered all subsea engineering and operational pipeline support on Apache North Sea’s assets and the company will now be involved in the operator’s new subsea developments.
Flexlife director of projects John Marsden said: “We had hoped to prove ourselves with Apache quickly and increase the scope of our remit to supporting their ongoing operational work and we are delighted we have achieved that aim.
“Apache is a very important client to us and this is an extremely significant development for flexlife. We added five experienced subsea engineers to our team to work with them and are now in the process of trebling that number to at least 15.”
Mark Richardson, subsea projects manager at Apache, said: “The relationship, although in its infancy, is proving to be a winner.”
Flexlife was formed in April 2007 and recorded turnover of £3million in its second year in business. The team has more than doubled in size to just over 20 people in the past year and growth in sales of about 70% is predicted for 2009-10, primarily through work in the North Sea and Brazil.
The company was awarded long-term integrity-management contracts with Maersk and CNR earlier this year.
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