Boots & Coots Renews Safeguard Contracts in Africa for $58MM

Boots & Coots has renewed one of its Safeguard contracts in Africa, substantially expanding the scope of the company's existing prevention services for a three year term, with an optional two year extension period. The contract, which initiates this quarter, is valued at $58 million and includes $23 million in new Safeguard services.

"The prevention business has been our fastest growing segment over the last several years, and we believe part of that reason is because our customers recognize the value we bring through safer and more productive operations," stated Jerry Winchester, president and chief executive officer. "We believe that this contract clearly demonstrates the opportunities that exist in emerging markets for our Safeguard services."

The majority of the services provided under the contract include training, rig audits, risk assessments, on-site competency programs and related prevention services, with minor provisions for third party services.
 

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
United States New Iberia: Operator Assistant II - Logging and Perf
Expertise: Perforation|Production Operator
Location: New Iberia, LA
 
Substation Communication Principal Engineer - MN, CO or TX Job
Expertise: Field Comm / SCADA|IT - Analysis & Management|IT - Networking & Telecom
Location: Minneapolis, MN
 
Solids Control Technician
Expertise: Process Control|Rig Instrument Tech
Location: Dilley, TX
 
search for more jobs

Brent Crude Oil : $53.96/BBL 0.35%
Light Crude Oil : $51.36/BBL 0.21%
Natural Gas : $3.209/MMBtu 0.34%
Updated in last 24 hours