Stork Technical Services, Subsea 7 Sign Cooperation Agreement

Stork Technical Services, Subsea 7 Sign Cooperation Agreement

Stork Technical Services, the leading global provider of knowledge-based asset integrity services for the oil and gas, chemical and power sectors, today announces it has secured a global frame agreement with Subsea 7 to deliver a range of inspection and expediting services.

The agreement, over the next three years, will see Stork’s Quality Services division provide qualified discipline engineers, auditors and inspection personnel to represent Subsea 7 at its approved suppliers. This will ensure that the manufacture of equipment, such as Subsea 7. Structures, manifolds, umbilical’s and pipe lines, is supplied in accordance with the required specifications, inspection and test plans.

Stork will deliver its services on a global basis in line with Subsea 7’s key operating regions; Africa & Gulf of Mexico; Asia Pacific & Middle East; Brazil; and North Sea & Canada.

The award of the global contract follows a successful seven year period in which Stork held a similar frame agreement for the Subsea 7’s North Sea & Canada region.

Dave Workman, COO for Stork Technical Services, said: “We are very pleased to have secured this global frame agreement and it is the most significant to date for our Quality Services division. The consistent, safe and high quality work that our team delivers was a significant factor in the award and has to be commended. I am confident they will replicate this standard throughout the agreement and we look forward to partnering with Subsea 7 over the coming years.”

Nils Anderstrom, Subsea 7 Group Commodities Director, said: “We see this as a strategic agreement aimed at ensuring persistent high quality, effectiveness and efficiency in our post-award activities with our suppliers. This shall provide our projects globally with predictable and dependable deliveries further securing our well established ability to satisfy or surpass our client requirements and expectations”

November 29, 2012

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