Petrofac Secures Contract Extensions with Two Key UKCS Customers

UK oilfield services firm Petrofac announced Monday that it has secured contract extensions worth $400 million with two key customers on the UK Continental Shelf. 

Petrofac said that it recently achieved a two-year extension with Centrica Storage Limited to its services contract on the 8A platform on the Rough field in the North Sea. This extension shall begin in January.

The firm has also seen a contract with EnQuest extended by five years. This extension will see the services of an existing facilities management agreement for the Kittiwake platform combined with a brownfield engineering modifications contract.

Walter Thain, managing director of Petrofac Offshore Projects & Operations, commented in a company statement:

"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."

 

 



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  What Kind of Salary Can You Get as an ... (Aug 18)
 -  Shell Divests Stake in Saudi JV (Aug 16)
 -  Saipem to Build Pipelines for Kuwait R... (Aug 16)
 -  The Trick to Nailing Your Electrical E... (Aug 10)
 -  Jacobs Expands MSA for Chevron's US Re... (Aug 9)


Most Popular Articles

From the Career Center
Jobs that may interest you
COMPLETIONS CONSULTANT - WEST TEXAS
Expertise: Wireline
Location: West, TX
 
Measurement Technician - Permian Basin
Expertise: Field Comm / SCADA|Field Service Tech|Process Control
Location: Midland, TX
 
Experienced Automation Technician - Midland, TX
Expertise: Field Comm / SCADA|Field Service Tech|Well Control
Location: Midland, TX
 
search for more jobs

Brent Crude Oil : $52.72/BBL 3.31%
Light Crude Oil : $48.51/BBL 3.01%
Natural Gas : $2.89/MMBtu 1.36%
Updated in last 24 hours