CAN Group secures major contract renewals

CAN Group has secured two major contract renewals, totalling approximately £200million, following competitive re-tendering. These two contracts, coupled with an increase in business, will lead to the safe-guarding of 150 jobs.

The Aberdeen headquartered business has been awarded a five year contract for the provision of asset integrity services to ConocoPhillips and a three year contract for the provision of topsides inspection and integrity support services with Apache in the North Sea. Both contracts have options to extend for up to a further four years.

Following a competitive tender, ConocoPhillips has renewed its contract with CAN, held since 1995, for a full range of non-destructive testing and inspection services. An important addition to this renewal is the expanded scope which encompasses the full suite of integrity engineering support services, such as asset integrity technical services including structural, corrosion and inspection engineering. This part of the contract will be delivered by ENGTEQ, the group’s integrity engineering business.

CAN and ENGTEQ have been ensuring the continued integrity of Apache’s North Sea assets since 2007. The Apache contract renewal will see both companies continue to provide a comprehensive range of inspection and integrity engineering services including non-destructive testing, advanced inspection and innovative solutions and corrosion, structural and inspection engineering services to support the integrity management of topsides pressure systems and structures.

Innes Walker, group director said: “These two contract renewals speak volumes about the confidence our clients place in our services. They also underline our role as a major player in asset integrity management where our comprehensive service and high quality engineering are delivering real results. We expect to grow rapidly in the next five years by maintaining existing contracts, and securing new business in the North Sea where demand for our proven expertise and unrivalled experience is rising. This is due to the greater emphasis being placed on the integrity of ageing assets and infrastructure.”

Formed in 1986, when it pioneered industrial rope access techniques offshore, CAN Group is now a diversified market leader with four distinct business streams: ENGTEQ, VENTEQ and their inspection and trades businesses which trade under the CAN name. Together these businesses provide a comprehensive asset integrity service, with ENGTEQ providing the integrity engineering services, and the quality assurance and quality control services from VENTEQ.

CAN Group, which boasts a £70million turnover and a workforce of over 700 people has an expansive platform of integrity management services that can be delivered by individual companies, dedicated divisions, teams and specialists.

 

Press Release, June 13, 2014

 

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