Engineering services company Coretrax has been awarded a three-year, multimillion-pound contract with Maersk Oil.
The Aberdeen firm will provide wellbore abandonment services for Maersk’s well abandonment campaign in the central North Sea, from this month.
The company’s global business development director, John Fraser, said: “Achieving this contract win has underpinned Coretrax as a leading well abandonment solutions provider.”
He added: “The number of well abandonment campaigns in the North Sea is steadily increasing and we’re thrilled to have achieved this contract for a key abandonment operation. This agreement will allow us to continue to flourish globally and further invest in the research and development of pioneering technology to the benefit of our industry.”