BP Oil New Zealand (BP) and WorleyParsons have entered into a 50/50 joint venture to establish the entity New Zealand Oil Services Limited (NZOSL).
Under the venture, NZOSL has been awarded a Terminal Services Agreement for the operation of BP’s seven bulk fuel storage, handling and distribution facilities in New Zealand. WorleyParsons also becomes NZOSL’s preferred contractor to deliver engineering, project delivery and asset management services.
“This contract demonstrates the synergies following our acquisition of AFW UK Oil & Gas Limited in 2017. It builds upon our established relationship with BP and utilises WorleyParsons’ MMO expertise and capability”, said Andrew Wood, Chief Executive Officer of WorleyParsons.
For more information visit www.worleyparsons.com
20th November 2018