FMS, a leading independent supplier of mooring equipment to the global oil and gas industry, has secured a three-year contract with BP on Aug. 22 for the provision of mooring equipment for its North Sea operations.
Established in 2009, Aberdeen-based FMS will commence the contract in July 2019.
“This award demonstrates our capability and capacity to support the mooring equipment requirements for one of the leading operators in the UKCS,” Steven Brown, managing director for FMS, said.
Providing expertise in marine, technical, positioning and mooring equipment services, FMS’ company-owned fleet of mooring equipment encompasses the latest design and technology available in the industry.
As part of its growth strategy, FMS continues to invest heavily in mooring equipment which will be available to the market for sale or rental.
Companies added three oil rigs in the week to Jan. 24, bringing the total count to 676, energy services firm Baker Hughes Co. said in its weekly report.
Most of the undiscovered technically recoverable oil resources are believed to be in the Brookian Sequence, the USGS report shows.
A Marcellus Shale discovery by EQT, Marathon’s Upper Three Forks completion and two horizontal Woodford producers top this week’s drilling activity highlights from around the world.