Our Client Secures Global Frame Agreement

Dilectus Recruitment Solutions are proud to announce our client who is an international oil services provider has signed a frame agreement with Shell for the delivery of subsea umbilical’s and cables globally.

The size of the frame agreement is dependent on call-offs and the number of projects that Shell decides to execute. However, our client estimates that the frame agreement could generate revenues between USD 200 and USD 400 million. Order intake will be booked whenever the specific contracts are signed.

The Enterprise Framework Agreement (EFA) with Shell is signed for the duration of five years with an option for an additional five years. Our client will deliver dynamic and static steel tube umbilical’s for both shallow and deep-water applications.

The EFA has a global scope. Shell’s subsea projects are primarily focused on the Norwegian continental shelf, UK, Gulf of Mexico, West-Africa and Brazil.

Subsea umbilical’s are deployed on the seabed to supply necessary control and chemicals to subsea oil and gas wells, subsea manifolds and any subsea system requiring a remote control.

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