Subsea 7 S.A. announced the award of a sizeable1 extension of an existing frame agreement by bp, for subsea construction, inspection, repair and maintenance services (IRM), across bp?s North Sea assets. This is the agreement?s latest extension since the original frame agreement began in 1998. Under the terms of this two-year extension to the end of 2025, Subsea7 will provide an IRM, survey and light construction vessel, complete with work class and observation class remotely operated underwater vehicles (ROV), capable of performing inspection, survey, intervention, subsea construction and emergency response services.

Project management and engineering work will continue to be managed from Subsea7?s office in Aberdeen.