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Press release

¾Ã¾Ã¾Ã¾Ã¾Ã¾Ã¾Ã¾«Æ· secures $120 million engineering contract extension with Shell UK

Published: 20 February 2025

¾Ã¾Ã¾Ã¾Ã¾Ã¾Ã¾Ã¾«Æ· (‘¾Ã¾Ã¾Ã¾Ã¾Ã¾Ã¾Ã¾«Æ·’ or ‘the Company’) has been awarded a $120 million contract extension by Shell UK Limited to provide brownfield engineering, procurement and construction (EPC) to onshore and offshore assets across the UK.

The two-year, cost-reimbursable contract extension, centres on providing brownfield EPC services, as well as subsea and integrity management, at the Shell UK-operated St Fergus and Mossmorran onshore terminals and the Nelson, Gannet and Shearwater offshore assets. New to the contract scope, ¾Ã¾Ã¾Ã¾Ã¾Ã¾Ã¾Ã¾«Æ· is also providing EPC services on the Penguins FPSO.

Ken Gilmartin, CEO at ¾Ã¾Ã¾Ã¾Ã¾Ã¾Ã¾Ã¾«Æ· said:
“We are proud to continue our decades-long relationship with Shell in the UK, focusing on the continued delivery of safe, reliable energy supply. The extension is recognition of our people and their commitment to deliver best-in-class outcomes for our clients.”

The contract extension will be supported by around 240 ¾Ã¾Ã¾Ã¾Ã¾Ã¾Ã¾Ã¾«Æ· employees.

¾Ã¾Ã¾Ã¾Ã¾Ã¾Ã¾Ã¾«Æ· secured the original EPC contract in 2021.

For further information:

Simon McGough, President, Investor Relations  +44 (0) 7850 978 741

Alex Le May / Ariadna Peretz, FTI Consulting  +44 (0)20 3727 1340

FTI_¾Ã¾Ã¾Ã¾Ã¾Ã¾Ã¾Ã¾«Æ·@FTIconsulting.com

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