Umbrella company contractors working in the oil and gas industry should be kept in work for many years thanks to a new North Sea drilling contract.
BP recently sealed the deal, worth several million pounds, with Subsea 7, the offshore engineering company.
The Wick based Subsea 7 project will construct new pipelines at the Clair Ridge drilling project situated off the west of the Shetland islands where the Atlantic Ocean and North Sea meet. This is the second phase of the Clair Project and forms part of a £10 billion investment by BP, Chevron, ConocoPhillips and Shell.
It is thought that as many as 3,000 gas and oil supply opportunities will be created and many of these could go to specialist PAYE umbrella contractors. This latest contract is worth £63 million and will see almost nine miles of pipeline installed.
The Scottish Secretary, Michael Moore, explained that this latest contract underlined the confidence world-leading engineering firms and the oil and gas industry have in Scotland. Constructing this pipeline is a vital step towards opening the potential of the gas field.
He went on to say that the Subsea 7 contract is more good news for the UK’s oil and gas industry and associated Scottish supply chain. He was delighted that BP had invested in this project, which will secure jobs and expertise in the Wick facility.
Steph McNeill, the Vice President of Subsea 7 UK, added the company was looking forward to bringing the Clair Ridge project on-stream in an efficient, safe, timely manner.
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Image: Oil rig by sjorford
