News & Insights

THREE60 Energy signs Global Service Agreement with bp

THREE60 Energy Group | February 15th, 2023

THREE60 Energy, a leading independent energy service company offering complete asset life cycle solutions, has signed a significant deal with energy major, bp, to provide well engineering services across its global operations.

The five-year Global Service Agreement, effective 1st June 2022, has already seen THREE60 Energy support bp with well services across the UK North Sea, USA and Trinidad, with opportunities for growth across further global projects spanning subsurface and renewable work scopes. The agreement comes with the option to extend for two additional years on top of the initial five-year period.

Earlier this year, THREE60 Energy acquired Fraser Well Management which lead to the company becoming one of only two which can act as an outsourced duty holder, pipeline operator and well operator. This acquisition sees the THREE60 Energy offering expand to span the complete well lifecycle, both onshore and offshore, with comprehensive end-to-end well and pipeline operator solutions.

Walter Thain, Group CEO at THREE60 Energy, said: “Above all else, we prioritise the value we bring our customers and partners through our integrated energy solutions. bp is a strategic partner across our global operations, particularly within our wells service line, and we are looking forward to further supporting across projects spanning subsurface and renewable scopes.

“As we work towards a just energy transition, we are looking to further strengthen our relationships with key players in the energy industry like bp, so we can continue to deliver better energy together.”

THREE60 Energy provides subsurface, wells, engineering, procurement, construction and commissioning (EPCC) and operations services throughout the asset lifecycle, with offices in Aberdeen, Bergen, Stavanger, Oslo, Kuala Lumpur, Singapore, Jakarta, Taipei and Brisbane.


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