ABERDEEN, Scotland — THREE60 Energy has signed a deal with bp to provide well engineering services across its global operations.
The five-year global service agreement, effective June 1, 2022, has already seen THREE60 Energy support bp with well engineering services across the UK North Sea, US and Trinidad, with opportunities for growth across further global projects spanning subsurface and renewable work scopes. The agreement comes with the option to extend for two additional years on top of the initial five-year period.
Earlier this year, THREE60 Energy acquired Fraser Well Management, which led to the company becoming one of only two that can act as an outsourced duty holder, pipeline operator and well operator. This acquisition sees the THREE60 Energy offering expand to span the complete well life cycle, both onshore and offshore, with comprehensive end-to-end well and pipeline operator solutions.