Bibby Offshore Snaps Multimillion Subsea Contract

Published at 02:21PM - 28/07/16

Bibby Offshore announced a multimillion pound contract with an independent UK-based exploration and production (E&P) firm to provide air diving and remotely-operated vehicle (ROV) inspection and construction services.

Under the agreement, the subsea services provider will work across the company’s five North Sea assets to an independent UK-based exploration and production (E&P) firm.

“We have successfully completed multiple projects with this customer, with the latest contract demonstrating the continued confidence in our ability to deliver such complex workscopes,” Bibby Offshore Chief Operating Officer (CEO) Fraser Moonie, said.

Bibby Offshore Snaps Multimillion Subsea Contract

The contract started in June 2016 and is scheduled for completion by the end of this year.

Under the agreement, Bibby Offshore will utilise several vessels, including its construction support vessel Olympic Ares, its diving support vessel Bibby Topaz and subsea support and construction vessel Olympic Bibby.

Bibby Offshore Snaps Multimillion Subsea Contract

Bibby Offshore Snaps Multimillion Subsea Contract

The work scope involves Bibby Offshore installing a cathodic protection system on one platform and performing air diving services to complete routine and non-routine inspection, repair and maintenance support at three other facilities.

As well as this, the company is expected to carry out routine pipeline inspection surveys at all the five North Sea assets.

Bibby Offshore to Continue North Ops By End-2016

“We place a huge emphasis on collaboration, which has led us to completing numerous high profile North Sea contracts throughout 2016, enabling our clients to achieve greater efficiency in this challenging market,” the CEO added.

Bibby was recently awarded a major contract with BP which will see Bibby Topaz start working in August 2016 on four BP operations across three of its North Sea assets.

The project includes the Central North Sea-based asset Bruce, east of Shetland-based Magnus, and the Mirren field, which is part of the Eastern Through Area Project (ETAP).

Additionally, the project will be managed by Bibby’s team and will involve the supply of air and saturation diving support for several operations, namely spool and flowline disconnection and evaluation and installation of conductor clamp guides.

Last updated on 12:53PM - 16/08/16