Scottish well intervention and plug and abandonment (P&A) solutions provider Oilenco has won a contract to deliver engineering and manufacturing services for what it says is a “major North Sea operator” .
The contract will see Oilenco provide well intervention and downhole equipment throughout a 52-well subsea plug and abandonment campaign, as well as a range of in-house services including engineering, CNC machining, test, assembly, maintenance, and offshore engineering services.
The Aberdeen-based company will also oversee inventory management, spares, and storage services at its head office facility in Westhill for the duration of the contract.
Oilenco did not reveal any details about the value of the contract or the client but did state that the P&A market is a significant growth area for the company.
“This contract award is an outstanding achievement for Oilenco. Not only does it demonstrate our capability to provide high-quality P&A solutions, but our clients will benefit from our breadth of knowledge and experience in this market ,” Blair McCombie , Operations Director at Oilenco.
“As Oilenco celebrates turning 15 this year, securing this contract and being part of this significant P&A campaign is a fantastic way to kick-start our celebrations.”