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July 11, 2016

Repsol Sinopec awards contracts for North Sea operations

Repsol Sinopec Resources has awarded new contracts that cover its North Sea operations in the UK after completing an overhaul of its service contracting strategy.

By Srivani Venna

Repsol Sinopec Resources has awarded new contracts that cover its North Sea operations in the UK after completing an overhaul of its service contracting strategy.

The award of new contracts is for the provision of all maintenance and construction labour, engineering support services, as well as fabric maintenance, and will also cover the company’s terminal at Flotta.

The company’s latest decision is part of its transformation programme, which includes insourcing key technical authorities and rationalising, investing in the long-term integrity of its assets. 

"These awards will drive greater innovation and competition in the supply chain."

Repsol Sinopec Resources managing director Bill Dunnett said: “These awards will drive greater innovation and competition in the supply chain, and improve accountability within our own business.

“Performance of our new contracts is a fundamental element of our ongoing transformation to an effective and sustainable operation, even in the current challenging market.

“This is a great opportunity for the local supply chain that will help us deliver long-term value to our shareholders, partners and employees.”

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The company has awarded new, simplified labour supply contracts to Amec Foster Wheeler and Petrofac and fabric maintenance contracts to Stork and Bilfinger Salamis

Engineering services support covers all brownfield modifications as well as repair orders.

The offshore contracts have also been awarded to Wood Group PSN, PD&MS Group, Apollo Offshore Engineering, Step Change Engineering, Caledonian Petroleum Services, and Ross-shire Engineering.

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