£57m contract wins to drive growth
The Briggs Group, a leader in the provision of marine contracting and environmental services, is set to become one of the largest operators of workboat vessels in the UK after securing over £50 million worth of contracts that will also drive further growth and development.
Recent contract wins totalling £57 million have seen the company underline its expertise in terminal operation services and marine support.
In a £39 million deal, Briggs has become the prime provider of marine support to the UK Environment Agency’s sampling, monitoring and enforcement programmes.
The company will provide vessels, crew and onshore support to the Agency’s Marine Monitoring Services throughout England and Wales. This will see Briggs commence construction of eight new vessels initially, further reinforcing its position as one of the largest operators of workboat vessels in the UK.
Further growth in the Terminal Operations market is now planned after Briggs secured a £10 million contract with Esso Petroleum Company Limited, and an £8 million contract with BP’s UK Logistics.
The Esso deal will see Briggs supply Terminal Operation Services at the Fawley Marine Terminal in Southampton for the next five years.
Eight fuel terminals will be covered by Briggs as part of the three-year deal with BP UK Logistics, including sites at Belfast, Grangemouth, Hamble, Hemel Hempstead, Isle of Grain, Kingsbury, Northampton and Walton.
As part of its Terminal Service Operations contract, Briggs will provide an integrated site specific product movement package dedicated to ensuring that cargoes are safely handled at all stages of the process from arrival to departure.
Group Managing Director, Collieson Briggs, said:
"These deals not only provide consolidation of the company’s leading position in these key areas but will spur further expansion within growing sectors."
He added: “We are pleased to have the opportunity to develop relationships with such high calibre clients.
"The effect of these three latest deals on Briggs is significant as it also enables us to invest further in other opportunities.
"In particular, we consider the offshore renewable energy market to be a major area of growth for the marine industry and we are working hard to make sure we form a significant part of it”.