THREE60 ENERGY takes duty holder role at DNO’s UK assets

Energy services group THREE60 ENERGY has won a multi-million-pound contract to deliver duty holder services for DNO’s two assets in the UK continental shelf.

The contract will see THREE60 ENERGY provide operations and maintenance services as well as engineering, procurement, construction, and decommissioning support activities for DNO.

The energy services company said on Tuesday that the contract will run for an initial three-year period and includes extension options.

CEO of THREE60 ENERGY, Walter Thain, said: “We are delighted to have been selected by DNO to provide this Duty Holder service for its two UK assets. This is a strategic milestone for us as its our first Duty Holder appointment in the UKCS.

“It’s great to see our leadership experience and our passion for safe differentiated delivery, both in ongoing operations and future decommissioning, being recognised by an agile and growing E&P company.

DNO entered the United Kingdom in 2017 through the acquisition of Origo Exploration and its portfolio has since expanded following the acquisition of Faroe Petroleum in 2019.