Fossil Energy – Service Agreement
THREE60 Energy, a leading independent energy service company offering complete asset life cycle solutions, has signed a significant deal with energy major, bp, to provide well engineering services across its global operations.
The five-year Global Service Agreement, effective 1st June 2022, has already seen THREE60 Energy support bp with well engineering services across the UK North Sea, USA and Trinidad, with opportunities for growth across further global projects spanning subsurface and renewable work scopes.
The agreement comes with the option to extend for two additional years on top of the initial five-year period.
The company, which provides subsurface, wells, engineering, procurement, construction, and commissioning (EPCC), and operations services throughout the asset lifecycle, said that the deal had opportunities for growth across further global projects spanning subsurface and renewable work scopes.
Walter Thain, Group CEO at THREE60 Energy, said: “Above all else, we prioritise the value we bring our customers and partners through our integrated energy solutions. bp is a strategic partner across our global operations, particularly within our wells service line, and we are looking forward to further supporting across projects spanning subsurface and renewable scopes.”
“As we work towards a just energy transition, we are looking to further strengthen our relationships with key players in the energy industry like bp, so we can continue to deliver better energy together.”
