First Marine Solutions (FMS), an offshore moorings expert, awarded a seven-figure contract by well decommissioning specialist, Well-Safe Solutions.
The agreement will see FMS provide its full spectrum of marine consultancy services, including provision of equipment, marine services, and survey and marine engineering.
Earlier this year, Well-Safe Solutions announced it had secured the contract to execute all well decommissioning activity within Repsol Sinopec UK’s Buchan and Hannay fields. FMS’ contract will commence with this 14-well project.
Steven Brown, FMS Managing Director, said he is incredibly proud to be associated with such an innovative project. He remarked, “This well P&A campaign represents a shift in the offshore decommissioning commercial landscape for which we applaud Well-Safe Solutions. I believe its decision to award this contract to FMS firmly establishes our reputation as the North Sea’s leading integrated mooring and marine service provider.
“The agreement has been four years in the making – a period of time that has seen FMS evolve to an impressive extent through significant investment in personnel, technology and facilities. Since 2017, our workforce has increased fourfold and is now led by a management team of industry experts, allowing us to strengthen our position not only in the North Sea but across a number of international markets; we look forward to supporting Well-Safe as it expands its global business.”
Commenting on the contract award, Lou Duncan, Rig Manager at Well-Safe Solutions, noted, “As we prepare for the deployment of the Well-Safe Guardian, it’s vital to us that we utilise trusted partners to enable timely and safe fulfilment of our obligations.
“Key to our philosophy is the importance of collaboration in order to capture, retain and share knowledge for the benefit of our clients and future operations. We’re looking forward to working alongside FMS during a period of strong growth for Well-Safe Solutions.”