Aberdeen-based oilfield service company Hydrasun has won a contract worth up to £2million with Repsol Sinopec Resources UK.
The three-year deal will see the firm provide maintenance services for 11 assets in the UK, which are both onshore and offshore.
There are two one-year extension options for the work which includes performance reviews and risk-based inspection.
Hydrasun may also provide training and supply replacement equipment on board the assets.
Earlier this year, the company said there was growing optimism in the sector following the oil and gas downturn.
Sales were knocked down by around 20% due to difficult market conditions during the year to March 31, 2017, with Hydrasun posting turnover of £62million.
But pre-tax losses narrowed to £20.6million, from £24.6million the year before, and the group reported a “substantial” order book and pipeline of future opportunities.
On the Repsol contract award, chief executive Bob Drummond, said: “The award of this significant contract is further testament to Hydrasun’s expertise, experience and proven track record in providing integrity management and associated support services and solutions.
“This now extends to over 130 customer assets worldwide. We are very pleased to be working with Repsol Sinopec in providing these services and in turn to contributing to the integrity assurance, reliability and overall performance of their UK assets”
Hydrasun employs almost 420 people worldwide, with around 250 of those in the main Aberdeen office.
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