Petrofac Wins Another Sakhalin Contract
Petrofac Training, through its Russian entity, PKT Training Services, has been awarded a follow up contract valued at approximately $4 million to provide operations and technical training to Sakhalin Energy Investment Company Limited, (Sakhalin Energy) operations and maintenance trainees on Sakhalin Island.
PKT has previously provided theoretical operations and technical training programs to Sakhalin Energy and this further award is a reflection of the success of the relationship to date. PKT will now be providing further training programs with a focus on practical experiential training, to ensure that some 250 Sakhalin Energy employees reach the competence standards required by the Russian Federation of Mandatory and Vocational training for Sakhalin operations.
A significant element of the award will focus on Russian sustainable growth with the participation of Russian trainers and support staff for the Sakhalin-based supply, further demonstrating PKT's commitment to bring long-term development and opportunities to Sakhalin.
The new contract has commenced, and teams from PKT will set out to build on the baseline competence levels already achieved, with the scope of work comprising initial assessment, training development and facilitation, through to final competence assessment.
Training will be delivered on the Island in the Sakhalin Technical Training Centre (STTC), jointly owned by PKT Training and the Sakhalin Fuel and Energy College, with some elements of practical training being undertaken at centers in Malaysia and the UK.
Phil Costelloe, Petrofac Training's regional director for Asia Pacific, was delighted to have secured the award: "This is a great result for the PKT and Petrofac Training teams, and it is particularly gratifying that we have the opportunity to build on the work already undertaken on behalf of Sakhalin Energy, to enable all the students concerned to attain both the company's objectives and their own individual goals."
Acquired in early 2006 by Petrofac Training, PKT Training Services initially formed part of the PPS Group and has been providing technical, operations and maintenance training to SEIC on Sakhalin Island, Russia for over three years.
Petrofac Training is a leading provider of specialist operations and technical training to the global oil & gas industry. A division of Petrofac, the international total facilities solutions business, Petrofac Training employs over 350 people providing a range of training solutions to clients worldwide.
Headquartered in Aberdeen in the UK and Sharjah in the United Arab Emirates, Petrofac Training provides specialist operations & technical training, training management, people development and media solutions.
Petrofac is a leading international provider of facilities solutions to the oil and gas production and processing industry, with a diverse client portfolio including many of the world's leading integrated, independent and national oil and gas companies. Petrofac is quoted on the London Stock Exchange (symbol: PFC) and is a constituent of the FTSE 250 Index.
Through its three divisions, Engineering & Construction, Operations Services and Resources, Petrofac designs and builds oil and gas facilities; operates, maintains or manages facilities and trains personnel; and, where return criteria are met and service revenue synergies identified, co-invests with clients and partners. Petrofac's range of services allows it to help meet its clients' needs across the life cycle of oil and gas assets.
With approximately 8,000 employees, Petrofac operates out of four strategically located international centers, in Aberdeen, Sharjah, Woking and Mumbai and a further 13 offices worldwide. The predominant focus of Petrofac's business is on the UK Continental Shelf (UKCS), Africa, the Middle East, the Commonwealth of Independent States (CIS) and the Asia Pacific region.
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Company: Petrofac more info
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