Cosalt wins contracts worth £3m

OFFSHORE services specialist Cosalt has secured contracts worth £3m from underwater engineering firm Acergy to support its work in the North Sea.

Grimsby-based Cosalt said there was scope for a further increase in the two one-year contracts which come in the wake of other North Sea agreements with PSN and Chevron.

Cosalt chief executive Mark Lejman said: “Cosalt Offshore has an established track-record of offering a cost-effective service in which quality safety is paramount.

“The success of our approach has been proven time and time again through retaining existing clients and starting to work with new ones.

“Building strong relationships with our customers and meeting and frequently  exceeding their expectations is at the core of the company, along with high levels of investment in ensuring we have the best equipment and team of engineers in the industry.”

The contract has been won by Cosalt subsidiary Cosalt Offshore which, it was announced last week, will be led by new chief executive Rod Buchan from next month.

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