Aquaterra Energy secures three-year offshore analysis contract with UK oil and gas operator

January 23, 2024

(WO) – Aquaterra Energy, a provider of global offshore energy engineering solutions, has secured a three-year contract with a UK independent exploration and production company to provide analysis services across the company’s global offshore operations – delivering vital insights to optimize their operational performance.

The contract will see Aquaterra Energy deliver a comprehensive range of offshore analysis services, including riser and conductor analysis for jack-ups and semi-submersibles, plus integrity management, decommissioning and late life analysis.

Aquaterra Energy will support the operator with insights and recommendations to manage risks and optimize offshore designs for its full operational portfolio, offering performance improvements, lower costs and supporting a reduction in operating carbon emissions. The contract covers work across the full offshore project lifecycle, from extending or decommissioning late-life wells, to early-stage planning.

Providing an extensive range of offshore analysis services, supporting oil and gas operators as well as offshore wind, CCS and hydrogen, has been a pivotal aspect of Aquaterra Energy's growth strategy. This contract represents the latest in a series of long-term offshore analysis agreements secured by the business with the company expanding its portfolio from one to four major contracts with operators in locations across Europe and the Middle East.

Commenting on the contract win, James Larnder, Managing Director of Aquaterra Energy, stated, "To support this growth, we have doubled our analysis team over the last few years, with a focus on recruiting graduates through our award-winning graduate program.”


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