Petrofac wins five-year deal in North Sea with INEOS
Oilfield services provider Petrofac has secured an enhanced, five-year contract in the UK sector of the North Sea with INEOS FPS.
The Forties Pipeline System (FPS) is a 100% Ineos-owned integrated oil and gas liquid transportation and processing system, serving the central area of the North Sea. Oil and gas liquids from over 50 offshore fields and St Fergus flow through pipelines into the FPS.
Petrofac said on Thursday it is set to build on its provision of Operations & Maintenance Support Services for INEOS FPS following the award of an enhanced five-year contract.
Under the terms of the agreement, Petrofac will continue to supply personnel to the Unity Platform in the Central North Sea, the onshore Cruden Bay Terminal, and other landline sites.
The contract has also been reconfigured to include engineering and construction support.
Petrofac is already providing a Maintenance Consultancy service to INEOS FPS in the UKCS.
Offshore personnel will continue to be deployed via Petrofac’s dedicated 24/7 Delivery Hub, through which all of its Operations and Maintenance contracts are managed.
The Hub offers flexibility of shared resources across contracts, enabling fluctuating client requirements to be managed in a flexible, cost-effective way, Petrofac explained.
Nick Shorten, Managing Director for Petrofac Engineering and Production Services, West, said: “Over the past year we have been supporting INEOS FPS as they work to transform the Forties Pipeline System, and during this time our teams have developed a great understanding of both our client’s onshore and offshore sites.
“The enhancement of this contract demonstrates our client’s continued confidence in our ability to maintain safe operations while delivering improvements to production efficiency”.