UK: Petrofac Awarded $64.2 Million North Sea Engineering Services Contract by Maersk Oil

Petrofac, the international oil & gas facilities service provider, has been awarded a contract worth £40 million (Approximately USD $ 64  million)over three years for the provision of engineering services to the UK Continental Shelf assets of Maersk Oil North Sea UK Ltd (Maersk Oil).

Work will begin immediately on the contract, which was awarded following a competitive tender and includes three one-year options for extension.

Petrofac, through its Offshore Engineering & Operations (OE&O) business unit, will provide engineering services to Maersk Oil’s Gryphon, Janice, and Global Producer III assets, including concept, front end engineering, detail design, workpack development, procurement and document control. This contract extends both Petrofac’s working relationship with Maersk Oil and its scope of services for these assets, building upon the offshore operations and support services it has been providing since 2000.

Bill Dunnett, managing director of Petrofac OE&O, said: “I’m delighted to announce a further significant contract award for the OE&O business. This is yet another important step in our growth plan and reflects the leading capabilities of our engineering team as well as our continued commitment to our existing customer base. The contract builds on our longstanding and successful relationship with Maersk Oil and is an excellent example of how Petrofac can deliver a full range of services across the asset lifecycle.”

[mappress]

Source: Petrofac, November  12, 2010;