OMV awards new contract

THREE60 Energy has been awarded a new framework agreement with OMV, the international oil, gas and chemicals company.

The agreement, which is in place for five years with options for extension, covers a wide range of services including well management, field development, consultancy and wellsite geology, which will be delivered in Norway.

Commenting on the contract award, Walter Thain, CEO of THREE60 Energy Group, said:

“Securing this latest agreement with OMV is testament to the high-quality services our skilled team continue to safely deliver for the international operator. This reinforces our position as a leading provider of complete asset life cycle services to the global energy sector, and further strengthens our credentials in the North Sea

“This is one of several international contracts that we have recently secured, and forms a key part of our strategic growth plans. We are looking forward to building on our relationship with OMV and achieving further global growth.”

Lasse Hermansson, Managing Director of THREE60 Energy Norway (Ridge AS), added:

“We have for a long time been working closely with OMV, both in Norway and internationally. It is great that OMV would like to continue the relationship, and even expand our collaboration.”

The work will commence from 1st April 2021.

Source: three60energy.com

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