Ocean Installer Signs Regional Framework Agreement with BP
Monday 12 October 2015
Ocean Installer has been awarded a Regional Framework Agreement with BP for subsea work in the Gulf of Mexico region.
The agreement covers subsea fabrication, transportation and installation of offshore facilities, as well as hook up and commissioning, and is valid for three years. Specific work scopes will be carried out under individual call-off contracts, and accordingly no firm work is currently committed under the agreement.
"We have successfully executed work for BP in the GoM during the last couple of years, and we are happy to see the relationship manifest itself in such an agreement. Now our focus is to win call-off work within this framework," says Mike Newbury, President of Ocean Installer in the US.
The agreement covers BP's operations in the GoM region and is on the Ocean Installer end managed from the company's Houston office.