Apache Awards Contract Extension to Flexlife

Subsea services firm Flexlife announced Wednesday that it is hopeful that it will take on more staff next year after being awarded an extension to a contract with Apache North Sea worth approximately $8 million a year.

A team of 30 Flexlife subsea staff based in Aberdeen and Newcastle, UK, are dedicated to the Apache North Sea work at present and this could rise over the next year.

Flexlife – which specializes in subsea integrity and project management – was originally awarded a three-year deal, worth $21 million. The new contract is a one-year extension to project manage work that has a capital expenditure value of more than $208 million. The contract also covers the ongoing integrity management of all the subsea infrastructure and pipeline at the Forties and Beryl fields.

Flexlife CEO Ciaran O'Donnell said in a company statement:

"Building on what has already been a successful three years ensuring subsea integrity and project management for Apache, Flexlife is delighted to have secured an additional one year contract extension. The company has worked closely with Apache to ensure we meet their ambitious objectives for the successful development of their subsea assets."

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