OPEX SIGNS 5-YEAR AGREEMENT IN GULF OF MEXICO

We are delighted to announce the signing of a 5-year Master Service Agreement (MSA) with Cantium LLC who operate a number of oilfields in the Gulf of Mexico.  The collaborative charter will see OPEX and Cantium work together to drive operational efficiency and streamlined maintenance and production gains through the smart application of digital and predictive technologies.

The strategic relationship has been formed following Cantium’s recent acquisition of the Gulf of Mexico Bay Marchand and Main Pass assets from Chevron Corporation. 

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Jamie Bennett, CEO of OPEX, commented; “This is the first international agreement OPEX has entered into and comes at a very exciting time for the business, with a number of recent contract wins and extensions.  We look forward to supporting Cantium in their drive to reinvigorate the Gulf of Mexico Outer Continental Shelf by unlocking the value in their operational data.”

Richard Kirkland, CEO of Cantium, commented; “Leveraging digital technologies is a core element of Cantium’s strategy to optimise the management, maintenance and performance of these late life fields.  Working alongside OPEX will ensure we have the depth of information required to make data-driven decisions to improve our operations and identify new, more effective ways of working.”