EnerMech gets BP extension
- Business & Finance
EnerMech has been awarded a 12 month extension of a five year cranes and lifting contract by BP Exploration (Caspian Sea) Ltd.
The contract, which includes a further two one-year options, will see mechanical engineering group EnerMech continue to provide cranes operation and maintenance personnel, materials, equipment, engineering and mechanical handling services for up to another three years.
The contract covers all seven BP-operated platforms in the Caspian Sea and 16 offshore pedestal cranes operating in the Chirag, West Chirag, Central Azeri, West Azeri, East Azeri and deepwater Gunashli platforms, as well as the Shah Deniz gas development project.
According to EnerMech’s press release, the original five year contract was valued at approximately $50 million and the extended agreement will generate a further $10 million per annum for Aberdeen-based EnerMech.
EnerMech Cranes & Lifting Director, John Morrison, said: “BP is a valued client and the award of this contract extension underlines our credentials in providing frontline cranes and lifting services on major international projects.
“Having a strong local infrastructure in place, allows us to provide a tailor-made integrated package of our seven business lines, which complement the core cranes and lifting services which BP require.”