A Northumberland engineering firm has secured two multimillion-pound deals with existing oil and gas clients.
Cramlington based Quanta EPC, which also runs an Aberdeen office, has sealed two three-year framework extension agreements with customers, with an option to extend the contracts for a further two years. They include operations, maintenance, modifications, upgrades and all other engineering support for a number of offshore assets in the North Sea, to help drive efficiency improvements and reduce carbon emissions.
The company said the deal extensions mark the latest vote of confidence in the firm, which received multimillion-pound private equity investment in September, to help it accelerate growth plans in the hydrogen, carbon capture and offshore wind markets.
