Petrofac Secures $400 Million UK Offshore Oil And Gas Work
Posted on: 15/12/2015

Oil and Gas giant Petrofac have secured roughly $400mn (£263mn) worth of work from customers on the UK Continental Shelf in contract extensions. The first contract extension is with Centrica, which is due to start in January 2016. The second extension is with EnQuest, who will see Petrofac continue as duty holder of the Kittiwake platform.

Centrica issued the two-year extension for its 8A platform in the Rough field, 18 miles off the coast of East Yorkshire in the Southern North Sea. The Rough field has two offshore installation hubs called 3B and 8A, where gas is injected and extracted through up to 30 wells, which have been drilled through the platforms down into the reservoir thousands of feet below the seabed.

Petrofac also secured an extension with EnQuest for five years, for work on the Kittiwake platform. It will combine the services of an existing Facilities Management Agreement that will see Petrofac continue as Duty Holder of the Kittiwake platform, with a brownfield engineering modifications contract.

Commenting on the news, Petrofac Offshore Operations Managing Director, Walter Thain, said: “We’ve enjoyed productive and long-standing relationships with our customers in the UKCS and these contracts are a great demonstration of how we can continue to work in partnership to efficiently deliver in line with their individual business and operational needs and our own standards.”

This is the second round of UKCS renewals announced by Petrofac, with the award earlier this year of a number of operations and maintenance contracts, worth US$400 million, from customers including CNRI and Eni.

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