During the three year contract, STATS will provide services across all the regional business units of BP, and along with BP and three other contracting partners it will work on developing and promoting the best industrial practices to increase the safety performance.

BP spokesperson said the contract represents culmination of work with supplier engagement and evaluations.

"Safe isolations are important across BP’s operations for works such as valve replacement and for plant/platform shutdowns," spokesperson added.

"All of the suppliers have committed to a programme of continuous improvement and developing best practices leading to industry guidelines."

STATS Group chief executive officer Pete Duguid said the company is working with BP to increase the safety performance of the whole industry.

"This is a real ‘value add’ and is recognition of STATS’ technological edge in a performance critical environment," Duguid added.

STATS has completed work on BP’s assets in the North Sea, Azerbaijan, Angola and Trinidad.