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Home›Business & Finance›US oil & gas solutions provider scores $10 million in new contracts
Business & Finance

May 1, 2024 · about 2 years ago

US oil & gas solutions provider scores $10 million in new contracts

Ocean Edge Services (OES), a U.S.-based service company that provides flexible offshore and onshore solutions to the oil & gas industry, has secured new project awards totaling over $10 million. The batch of the new contracts is for production hydraulic power units (HPUs), subsea distribution equipm

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US oil & gas services provider scores $10 million worth of contracts

Ocean Edge Services (OES), a U.S.-based service company that provides flexible offshore and onshore solutions to the oil & gas industry, has secured new project awards totaling over $10 million.

The batch of the new contracts is for production hydraulic power units (HPUs), subsea distribution equipment, including subsea flying leads (SFLs), umbilical termination assemblies (UTAs), and hydraulic distribution modules (HDMs), and for intervention workover control systems (IWOCS) units and services.

The contracts are set to be delivered in the Gulf of Mexico, Guyana and West Africa.

“The geographic area where we operate has been expanding to what we internally refer to as the ‘OES Triangle’,” said Santiago Gomez , OES President. “This is demarcated by a broad expanse of subsea oil & gas activity including the Gulf of Mexico, Guyana and South America, and West Africa.”

Offshore Guyana, OES is working with ExxonMobil and TechnipFMC on the Stabroek Block petroleum fields. The company recently received the Human Performance at Work award for “consistent and exemplary application of human performance principles” that it had demonstrated in its work serving the Exxon-operated fields.

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