Flexlife turns in record profit and wins new supply contract with Apache North Sea

Flexlife pipesFlexlife, specialist provider of flexible pipe integrity and engineering services for the oil and gas industry, has won a contract with oil and gas exploration and production company Apache North Sea.

The subsea project management and engineering support contract includes work on the Aviat gas development in the Central North Sea, the Ness/Nevis tie in and general subsea operations support and will span for three years.

The contract was awarded to Flexlife following a successful six-year history of project delivery with Apache North Sea Limited on some particularly technically challenging projects including the Bacchus subsea development and a major subsea isolation valve project on Forties.

Meanwhile, latest results for  the Aberdeen-based company for the year end April 2014 marked its highest revenue and profit to date, with an increase of 5% in group turnover to £14.9 million and a 50% increase in customers.

Flexlife – which has bases in Brazil and the USA – now employs around 100 engineers.

Garry Millard, newly appointed chief executive, said: “Flexlife has accrued an enviable breadth of subsea integrity management and subsea project management knowledge through its work with operating companies across the industry, and our previous experience with Apache has been a huge part of that.

Patrick Duggan, subsea projects and operations manager Apache, said: “Although Apache now possess a highly effective in-house project delivery capability, this ad hoc contract allows us the flexibility to access specialist resources as requirements fluctuate.”

 

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