Reef Subsea has signed a deal with the Port of Blyth to establish a service and mobilisation facility at the Port.
The Stockton-headquartered specialists in flexible products will set up a 1800m2 facility - comprising internal and external storage space for asset maintenance and storage, combined with office facilities for a team of personnel.
Port of Blyth chief executive Martin Lawlor described the deal as “significant”, following recent news that Blyth would also host international Oil Spill Response Limited.
Reef’s new base will allow for quick mobilisation and demobilisation of their equipment which is used for installing and trenching flexible products, such as submarine power cables, umbilicals and pipelines.
Ivan Coyard, chief operations officer at Reef Subsea, said: “By working with Port of Blyth, an experienced and supportive business partner, to take over our new onshore premises, Reef Subsea is continuing the strong growth pattern already established.
“These new premises will ensure that Reef Subsea has the facilities required to enable us to continue to provide first-class support to meet the diverse and specific needs of our clients. The whole team looks forward to working in partnership with the team in Blyth and the mutual benefits this will bring.”
Port of Blyth chief executive, Martin Lawlor, added: “We are delighted to have significantly strengthened our partnership with Reef Subsea, a prominent and well respected operator in this field.
“We believe the deal is testament to our first class facilities and growing reputation for providing service excellence to the offshore energy sector as a whole”.