WorleyParsons, Grand Isle Shipyard JV in 5-year deal with BP
- Business & Finance
WorleyParsons and Grand Isle Shipyard (GIS) have secured a five-year master services with BP for work in the U.S. Gulf of Mexico. The agreement for engineering, procurement and construction (EPC) services.
According to a statement on Thursday, the joint venture company, GW Integrated Solutions will deliver a fully integrated suite of Asset Management Services, focusing on the implementation of a program of facility modifications and turnarounds across BP-operated offshore assets in the Gulf of Mexico.
Specific work scopes will be carried out under individual call-off contracts, and accordingly no firm work is currently committed under the agreement.
“GW Integrated Solutions LLC will draw upon our combined experience in brownfield engineering, procurement, fabrication and direct-hire offshore construction. This single-point accountability follows our established global standard for execution of EPC. turnaround, maintenance and other life cycle support services,” Worley Parsons said in the release.
“We are pleased to continue our long standing relationship with BP and further demonstrate the value of our Integrated Solutions offering through the GW Integrated Solutions joint venture” said Andrew Wood, Chief Executive Officer of WorleyParsons.