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Sodexo takes new offshore hotel wins to £90m

11 October 2010 by
Sodexo takes new offshore hotel wins to £90m

Sodexo's Remote Sites division has won a five-year contract worth up to €100m (£87.5m) to provide offshore hotel services in the North Sea to Norwegian oil firm Teekay Petrojarl, creating 80 new jobs.

The deal, which has the option of being extended for up to five more years and will see Sodexo operate on five sites, will bring in almost £8.8m in revenue annually.

It follows a spate new contracts and contract renewals for the firm over the past 12 months. Its most recent contract renewal was for a one-year contract worth €8m (£7m) with oil and gas firm Diamond Offshore Drilling at a site in the North Sea, which it won earlier this month.

The total number of new contracts Sodexo has won in the sector in 2010 now stands at five, with an accumulated value of over €106m (£90m), creating over 150 jobs.

The firm has also renewed six contracts with the likes of BP and Total, worth €120m (£105m) and providing employment for around 275 people.

All of the deals involve providing offshore hotel services, which include catering, laundry and housekeeping for staff on offshore platforms. Catering accounts for around 60% of the revenue generated by each contract.

Commenting on the contract wins, Lindsay Tocher, Sodexo's senior vice-president, said: "The clients and consumers we serve across the globe enjoy the best possible quality of life. That, coupled with a real focus on innovation and value mean that we have never been busier - despite the current economic climate."

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By Neil Gerrard

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