New contracts update

While the overall effect of the low oil price has been to dampen activity, OPC has been winning a large number of new contracts thanks to focusing on clear benefits to customers:

  • Expert knowledge of subsurface engineering
  • Flexibility to deliver projects, contract personnel and/or training
  • Cost effective rates given current market conditions
  • Integrated well services and field development partnerships

Middle East manager, Riley Smith said “Given the current market conditions, operators are looking for partners that can provide flexible, low risk and cost effective services.  This is excellent news for OPC as our model of a core engineering team supported by specialist consultants is particularly competitive at present.  We are able to deliver projects at day rates that are approximately 30% lower than three years ago due to the current market conditions and flexibility of our consultants.”

Shown below is a selection of new business wins over the last quarter:


For more information on OPC services, please contact:

Piers Johnson
Managing Director
Tel: +44 20 7428 1111


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