The 11 year deal will also see Cofely leasing the SVT power station and delivering a programme of major maintenance and investment works on the existing energy plant.

The SVT power station supports an electrical demand of 20MW and a thermal demand of 120 tonnes/hour of steam. Cofely’s primary responsibility will be to operate the power station to ensure reliable supplies of power and steam – as well as nitrogen and compressed air to the terminal. Power will also be exported to the local Shetland grid under a Power Purchase Agreement.

In addition, Cofely will support an upgrade programme to increase the reliability of the power station and ensure compliance with future legislative changes. Opportunities to improve energy efficiency will also be identified and evaluated as part of the contract.

Paul Rawson, Managing Director of Cofely’s Energy Services division, commented: "This is a very significant win for Cofely. It marks both our increasing penetration of the energy intensive industrial sector and the expertise that we are able to demonstrate. SVT is a critical facility to both BP and the nation’s fuel security as a whole and we are delighted that BP has chosen Cofely to underpin that security."