The contract between the two companies, which began in March 2016, has been extended for a further five years.
Offshore & subsea
The company has signed an exploration and production sharing agreement covering Block A Offshore Ras Al Khaimah, as well as the relevant Joint Operating Agreement.
Paul Helmore will oversee all aspects of the group’s commercial activities, ensuring that it fully realises the commercial potential of its three vessel fleet.
More Offshore & subsea news
The company’s scope of work includes the design, detailed engineering and procurement of the marine systems as well as conversion-related construction services.
The blocks are located in the Malvinas basin, approximately 200 miles (320 km) offshore Tierra del Fuego.
The contract is for the operations and maintenance of seven platform drilling rigs operated by BP in the Caspian Sea.