Engineering firm, Quanta EPC has secured two 3-year framework extension agreements to provide continued engineering support for existing oil and gas clients.
The framework agreements will extend existing contracts for an additional 3 years with an option to extend for a further 2 years. They include operations, maintenance, modifications, upgrades and all other engineering support for several offshore assets in the North Sea to help drive efficiency improvements and reduce carbon emissions.
It is the latest huge statement of confidence in the firm, which recently received multi-million-pound private equity investment.
Formerly known as Fabricom Offshore Services until a management buy-out in 2018, Quanta EPC is a key North Sea supplier of engineering, procurement, and construction services (EPC) and boasts a strong oil and gas client-base. Its innovative approach to brownfield modifications is helping oil and gas companies increase efficiencies and maximise oil and gas production on ageing assets.
Nick Oates, CEO at Quanta EPC, says, “We are delighted to have secured these prestigious contracts once again with existing clients. Winning this work is testament to the high quality of our approach and our excellent working client relationships. We are looking forward to continuing the delivery of innovative engineering solutions and are excited to enter the next phase of our working relationship with these clients.”