Petrofac Secures New Maintenance Contract

By MarEx 2014-05-29 17:00:00

Petrofac is set to continue to support EnQuest’s North Sea assets, after securing an operations and maintenance contract for up to ten years.

The contract, worth an estimated $630 million, supersedes an initial five year contract awarded to Petrofac in 2013. It supports 300 offshore and onshore jobs, and will see Petrofac continue to provide operations and maintenance services to EnQuest on the Thistle, Heather and Northern Producer assets, plus the floating production, storage and offloading vessel the EnQuest Producer, which is currently undergoing final finishing and commissioning work ahead of its deployment to the Alma/Galia field.

Neil McCulloch, President, North Sea, EnQuest said: “We are pleased to confirm that Petrofac will continue to provide support services to EnQuest for up to the next ten years. We look forward to working together to ensure we continue to deliver Safe Results, maintain top quartile delivery and achieve exceptional performance.”

Bill Dunnett, Managing Director, Petrofac Offshore Projects & Operations said: “This is testament both to the continued strength of our relationship with EnQuest and to our understanding of these assets. We have succeeded in delivering safe production, asset integrity and performance improvements for almost a decade now which has added long term value to the operation and longevity of the asset.

“We’ve done this by being responsive, flexible and relentlessly focused on safety. We’re now looking forward to continuing to work closely with EnQuest to help develop and implement long-term plans for infrastructure management, to maximise returns for the next decade and beyond.”

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