Bibby Offshore said May 22 it has secured a two-phase multimillion pound contract with a leading oil and gas and production company.
The contract, awarded in April, will see Bibby Offshore carry out IRM services across a number of the operators North Sea assets. Engineering work for this project has started, with the initial offshore phase due to commence in second-quarter this year and a further campaign scheduled for third-quarter.
Bibby Offshore’s multirole diving support vessel, Bibby Topaz, will be the primary vessel utilized to carry out the base workscope, with the company’s multipurpose dive support and offshore construction vessel, Bibby Polaris, utilized to support activities if required.
“Our experienced, skilled team has worked closely on these assets previously, successfully completing IRM activities through a 365 contract,” Howard Woodcock, Bibby Offshore’s CEO, said.
“This type of IRM service is at the core of our business and always receives close attention to ensure we deliver a high level of service for our clients.”
Recommended Reading
Matador Stock Offering to Pay for New Permian A&D—Analyst
2024-03-26 - Matador Resources is offering more than 5 million shares of stock for proceeds of $347 million to pay for newly disclosed transactions in Texas and New Mexico.
PrairieSky Adds $6.4MM in Mannville Royalty Interests, Reduces Debt
2024-04-23 - PrairieSky Royalty said the acquisition was funded with excess earnings from the CA$83 million (US$60.75 million) generated from operations.
JMR Services, A-Plus P&A to Merge Companies
2024-03-05 - The combined organization will operate under JMR Services and aims to become the largest pure-play plug and abandonment company in the nation.
New Fortress Energy Sells Two Power Plants to Puerto Rico
2024-03-18 - New Fortress Energy sold two power plants to the Puerto Rico Electric Power Authority to provide cleaner and lower cost energy to the island.
Kimmeridge Fast Forwards on SilverBow with Takeover Bid
2024-03-13 - Investment firm Kimmeridge Energy Management, which first asked for additional SilverBow Resources board seats, has followed up with a buyout offer. A deal would make a nearly 1 Bcfe/d Eagle Ford pureplay.