Three60 Energy awarded Neptune contract

Source: press release, 13 January 2020

photo: THREE60 Energy
photo: THREE60 Energy

Three60 Energy, the global energy services group, has won a framework contract to deliver engineering and support services for Neptune Energy’s UKCS portfolio.

The contract will see Three60 Energy provide both concept and front-end engineering studies as well as engineering, procurement, construction and commissioning activities for Neptune Energy.

Three60 Energy has secured this contract as a direct result of a competitive tender process, which covers concept and front-end engineering studies as well as detailed engineering, procurement and construction activities. The contract will run for an initial 2-year period and includes two, 1-year extension options.

Commenting on the award, CEO of Three60 Energy, Walter Thain, says, “We are delighted to have been selected by Neptune Energy to provide this level of service for its UK assets. It’s great to see our track record of scope challenge and delivery execution being recognised by an agile and growing E&P company.”

“Neptune Energy is already a hugely important customer to us in Engineering and Wells in Norway and it’s great to see our differentiated delivery given further recognition across our common geographies,” continues Thain.

Since its inception, Three60 Energy has built a global service offering that supports the whole asset life cycle. Its services include subsurface, well delivery, facilities engineering, construction and commissioning and operations management.