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Aberdeen-based Prism Energy signs frame agreement with North Sea operator

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Oilfield Technology,

Prism Energy, an Aberdeen-based project and risk management consultancy which also offers software solutions, has secured a six-figure deal as part of a three-year frame agreement with an independent production and development company with operations in the UK North Sea and Malaysia.

The new agreement, which is a result of a long-term relationship, will see the Hill of Rubislaw firm provide risk management systems and consultancy services which will be used across the production company’s decom projects, operational assets and new development projects. These systems will be adopted globally to help manage risk across the business.

Andy Sutherland, Managing Director of Prism Energy, said: “We are delighted to have secured this significant three-year agreement as a relatively young and developing business. We are a small consultancy but with that brings agility and rapid response times which has been key to us winning several recent contracts.”

Sutherland continued: “Improving performance is at the forefront of everything Prism Energy does for its clients. Having been a project manager, project engineer and project lead in the energy industry, I have a strong interest in improving common practices to help companies get better at delivering projects.

At Prism we pride ourselves in bringing consultancy and software solutions together and have developed a digital system for risk, actions & lessons learned management. We are proud that these systems have now been adopted by thousands of people in the oil and gas industry who are seeing the benefits.”

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