Deal signed on joint working
Sparrows and SPIE collaborate on oil projects
The deal will see the companies initially work together throughout Africa.
SPIE Oil & Gas Services provides technical services to the oil and gas industry and is the general maintenance contractor for a number of offshore assets around the world. Sparrows Group supplies equipment such as cranes and other lifting gear.
Stewart Mitchell, chief executive officer at Sparrows Group, said: “Together we are confident that we can deliver seamless and cost effective services to our customers around the globe.”
Yves Compañy, managing director at SPIE Oil& Gas Services, said: “Our companies share the same performance, safety and responsibility values.”
Oil tycoon Sir Ian Wood’s review of the industry’s future, published in 2014, recommended collaborative agreements as a way to share best practice and costs.