Subsea contractor Bibby Offshore has landed a £100million contract extension to continue providing support for Talisman Sinopec’s North Sea operation.
The three year deal, which includes a further one year option, marks the longest fixed-term contract to be secured by Bibby, which will provide inspection and construction maintenance via its Bibby Topaz support vessel.
“Securing this extension to our long term agreement demonstrates confidence in our ability to deliver complex and challenging subsea projects,” said chief executive Howard Woodcock.
“This has been an extremely successful year for the business so far and we are delighted to be continuing our working relationship with one of our longest serving clients and one of the the UKCS’s largest oil and gas operators.
“Controlling high quality assets has been a focus for our management team and the recent charter of the Mermaid Endurer is a key part of this strategy.
“Giving our clients access to first class vessels is essential to meet their needs and allows us to continue to deliver excellent DSV support in the North Sea.”