A newly-formed consortium led by French, family-owned firm Ponticelli has landed a five-year deal to support oil major Total’s UK North Sea platforms.
PBS comprises Paris-headquartered Ponticelli UK, Brand Energy and Infra Structure Services, which is part of US group BrandSafway, and Danish firm Semco Maritime.
The deal is the first UK North Sea contract for PBS, which will operate out of Westhill, near Aberdeen.
More than 500 employees, onshore and offshore, will be involved in providing services to Total under the new contract.
The workforce figure consists of a core team from the three PBS member companies, but most will join the consortium from Total or contractors who used to provide operations and maintenance support services.
The agreement will come into effect in the second quarter of 2020.
PBS will manage asset integrity, maintenance and reliability, fabric maintenance, shutdowns and modification projects for all Total UK operated assets, which currently produce more than 250,000 barrels of oil equivalent per day.
Its operated installations include Elgin-Franklin, Alwyn, Dunbar and Culzean.