Sparrows Group said Feb. 21 it has been re-awarded two five-year contracts with Abu Dhabi’s TAQA to deliver crane operations, maintenance, rigging loft, and fixed lifting inspection services to its U.K. Continental Shelf assets.
The first contract will see Sparrows provide comprehensive crane operations and maintenance services covering all mechanical, HVAC, electrical, hydraulic, pneumatic, instrumentation and structural requirements.
The company will also be responsible for inspection, engineering and technical support across all aspects of mechanical handling equipment. This includes crane upgrade projects, structural analysis of crane booms, re-engineering of obsolete components, assembly and modification and improvement schemes.
“Having worked with TAQA for more than six years, we have a great deal of knowledge of the cranes and associated equipment across its assets. We are thrilled to have been re-awarded both contracts and look forward to working closely with the company for a further five years,” Stewart Mitchell, Sparrows CEO, said.
The second contract is for the provision of rigging lofts and fixed lifting inspection services. The project encompasses all related equipment and management, maintenance and equipment testing, inspection support and technical support services.
Sparrows will also provide guidance to TAQA on maintenance regimes and legislative issues for lifting operations.
All onshore support services for both contracts will be provided by Sparrows global headquarters in Aberdeen, U.K.
The acquisitions included the purchase of Red Bone Services and Tecton Energy Services, two oilfield service companies KLX Energy Services CEO says provide significant cross-selling opportunities.
Former Enron Corp. CEO Jeffrey Skilling has been holding meetings, hoping to win backing for a new energy venture, the Wall Street Journal reported citing unnamed sources.
Simmons Energy analysts reveal that unconventional shale is “showing signs of stress” as E&Ps disclose performance-related reserve writedowns.