Money

North Sea contractor wins multi-million deal with oil major



Aberdeen-based engineering firm Global E&C has won the largest contract in its history handling brownfield services for Apache Corporation’s operations in the North Sea.

The amount is undisclosed but reckoned to be worth tens of millions of pounds.

 

The company, part of the Inverness-based Global Energy Group, was specifically created to work with oil and gas majors, such as Apache, to make engineering modification to extend the life of the UK North Sea as it transitions to a lower carbon future. The company employs more than 900 people.

Apache’s North Sea business, in the Beryl and Forties fields, has demonstrated a long-term commitment to the region and the partnership deal is understood to be the largest life-of-field contract award in the history of the oil and gas sector in the UK. 

Derek Mitchell, Global E&C managing director, said: “The significance of this contract award cannot be underestimated. It signals a notable shift in how Apache has chosen to engage with the supply chain versus a more traditional contracting model and is a major statement in support of Oil&Gas UK’s Vision 2035.”

“We have been supporting Apache for over a decade and, as a cornerstone customer for Global E&C, this demonstrates the continued confidence Apache has in Global E&C and the trust that has been built between our two organisations.”

 

Global E&C supports several operators in the UK and has a presence across over 20 offshore installations. 

The contract includes a recruitment campaign for an additional 60 offshore and onshore personnel to support Global E&C’s growth. 

Terry Allan, Global E&C’s corporate development director, said: “Apache has been very supportive of what we have set out to achieve in our strategy of establishing Global E & C as the most efficient Brownfield focused EPC contractor in the North Sea. This award allows us to take a longer term view in how we drive further efficiencies, invest in new technologies and how we develop our people to overcome the challenges we face in our industry.

 

“Our team are determined to deliver improved ways of working in order to maximise recovery from the assets in the UK and we’re excited to demonstrate the value we can bring to our customers over the coming years.”

Vision 2035 is about extending the life of the UK North Sea by at least a generation and doubling supply chain opportunities at home and abroad to, in turn, deliver jobs, security of supply and transition to a lower carbon future.



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