PSL Energy Services Wins Two Call-Off Contracts Worth £3 Million
PSL Energy Services Ltd has been awarded process call-off contracts with two major operators, Exxon Mobil and Total.
The Aberdeen-based oil and gas services company will be on call to perform all purging, leak testing, pigging and pipe freezing services for Exxon Mobil's Beryl field and Southern North Sea assets over the next three years.
The contract, which could be worth up to £1.5 million, has an option which may lead to providing the same services to Exxon Mobil's Norwegian fields, Jotun, Balder and Ringhorne.
PSL will also be on call for all Total's requirements for bolt tensioning, bolt torquing and pressure system leak testing at the St Fergus terminal and on the Elgin, Franklin, Alwyn, Dunbar and MCP01 North Sea platforms.
The one year contract, with an option to extend for a further 12 months, could be worth up to £1.5 million per year
PSL's operations manager for UK, Martin Ellins, said both contract wins were strategically important because it was the first time the company had secured such significant "call-off" contracts.
Mr. Ellins said: "It is an indication of the growing reputation of PSL that we have won these two major call-off contracts in the face of stiff competition.
"We are delighted to have the opportunity to work directly for companies of the stature of Exxon Mobil and Total. It is also the first time we have worked at the St Fergus terminal and it gives us an excellent platform to showcase our skilled workforce and first class technology."
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