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Petrofac scores £25m North Sea contract double

Petrofac news
Petrofac workers have accepted a new deal, averting the threat of North Sea strikes

Oilfield services firm Petrofac has announced the award of two North Sea contract extensions totalling more than £25 million.

The Aberdeen-based firm has secured a 12-month renewal deal with French oil and gas giant Total on its Alwyn and Dunbar platforms.

It has also been awarded a further 12-month extension contract with an unknown company operating in the Central North Sea.

The deal with Total is for the supply of Operations and Maintenance (O&M) support to its two North Sea assets.

Petrofac has held this contract for 14 years.

The deal with the unknown operator will see the service firm provide O&M to one North Sea asset.

Both contracts will be managed from Petrofac’s Aberdeen 24-hour Operations Hub.

Petrofac currently supports 45 assets in the North Sea.

Nick Shorten, managing director for Petrofac’s engineering and production services business in the Western Hemisphere, said: “These contract renewals reflect the strength and collaborative nature of our long-standing relationships with both IOCs and are testament to the knowledge our teams have gained our clients’ assets.

“We are delighted that each client has demonstrated continued confidence in our ability to maintain safe operations while delivering improvements to production efficiency.”

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