Subtech Bags Middle East and West Africa Contracts
- Business & Finance
Subtech, a James Fisher company, has re-entered the offshore market with new contract wins in the Middle East and West Africa, after six years of focusing solely on marine and subsea services in Sub-Saharan Africa.
The company has reportedly just started on a cable installation project for Saipem in the Gulf of Arabia. This contract will be managed out of Subtech’s Dubai office.
In addition to this, the division has been co-ordinating five new offshore projects: two diving contracts in Equatorial Guinea for ExxonMobil and Geptrol Marine Services; an installation support contract in Ghana for Sri EMAS; a five year maintenance arrangement for buoy mooring company Seaways International and a five-year contract for the provision of specialised pipeline maintenance services for Shell Nigeria.
Paul Whiley, Subtech Group’s CEO, said: “Although the oil and gas industry is at its lowest since the 1920s, we are delighted that Subtech has managed to secure contracts in both West Africa and the Middle East.
“This is a testament to the fantastic team we have in our offshore division as well as the excellence in the departments which support them. We anticipate being able to continue this growth in the coming months and years.’