Specialist oil and gas and marine services firm, OEM Group, has secured a two-year contract worth up to £1million with international energy services company Go Marine to deliver engine support services to its fleet of vessels operating across the world for the oil and gas industry.
Under the global technical support and services agreement, OEM Group will solely carry out the procurement of engine spare parts, electrical componants and systems, as well as providing personnel, project management and maintainence to support work across the different vessel types and regions Go Marine operates in around the world.
The maritime company's assets include ROV and dive support vessels, barges, offshore firefighting craft as well as a floatel, and operates in regions such as AsiaPac, West Africa, Gulf of Mexico, and the North Sea.
This latest contract win comes as OEM Group continues to drive forward its ambitious target of generating a four-fold increase in turnover by 2018 whilst driving efficiency and value for its customers.
As part of its strategy to become a global market leader, the company recently restructured joining together its three businesses – OEM Engine Services, OEM Fuel Services and OEM Diesel Pty Ltd – to form OEM Group. The company has 30 employees based in offices in the UK, Australia and United Arab Emirates.
OEM Group founder and managing director Barry Park said: "The company has been an existing supplier to Go Marine over the past 12 months. During this period, we've developed a close working relationship through our team's hard work and determination to respond quickly to their specific multi-discipline equipment needs with high quality support and cost effective services I believe to be unrivalled in the sector.
"At a time when the market conditions are extremely tough and reliance is paramount, being awarded this contract demonstrates the confidence Go Marine has in OEM Group to ensure their vessels' engines remain operational all over the world.
"We look forward to taking this next step and delivering further value to Go Marine as well as continuing with our own global growth and expansion plans."
GO Marine Group founder and CEO Garrick Stanley said: "Having OEM Group on board as our engineering service provider for our vessels has streamlined the planned maintenance systems on our vessels maximizing uptime and service delivery to our clients whilst reducing overall servicing costs.
"In an extremely challenging market, companies like OEM can make all the difference to a vessel owner's success or failure. Having a relatively small fleet spread globally, OEM has the ability to react and deliver to not only meeting our servicing requirements but get us back up and running in the shortest timeframe possible in the event of unforeseen failure globally."
OEM Group is an international group of businesses offering a range of engine services, spare part procurement and fuel conditioning to safety-critical sectors. Established in 2012 with OEM Diesel Products Limited, the Group provides a single point of contact for specialist services to ensure the successful worldwide operation of its customers assets.