Partner Article
Ashington’s FES International wins $1.25 million North Sea contract
Ashington-based supplier of fluid transfer systems FES International has won a $1.25 million North Sea contract to supply its technology to NOV Flexibles.
The firm will supply its four Diverless Bend Stiffener Connectors to contractor NOV Flexibles.
Diverless Bend Stiffener Connectors (DBSCs) enable efficient and cost effective installation of bend stiffeners on offshore deep sea drilling operations.
The FES International DBSCs will be used by NOV Flexibles at the Mariner Field, Statoil’s heavy oil development located 70km west of Heimdal in the UK sector of the North Sea.
Rob Anderson, managing director at FES International, said: “We have a great track-record working with NOV and are delighted to be on board for such a significant North Sea project.
“Although this is the first time we’ve worked with Statoil as the main end-user, it’s the latest in a long line of DBSC deals – a product for which demand just keeps on growing.”
The Statoil development is one of the UK’s largest new offshore oil field in over a decade. A further thirty years of production and recoverable oil volumes of 250 million barrels have been predicted at the field.
This was posted in Bdaily's Members' News section by Ellen Forster .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our daily bulletin, sent to your inbox, for free.
Why local government is key to devolution success
Your reputation is worth more than that invoice
There is no perfect time when selling a business
What next when social media career help goes?
The psychological contract that nobody signs
Time for strategy built on the foundational economy
Why being ‘work-ready’ matters more than ever
The North's future doesn't end at Manchester
Exit or legacy? Why every owner needs a plan
Who speaks up for SMEs when giants get bigger?
The true value of HR in an AI-driven working world
What new business rates guidance means for pubs