Petrofac to Provide Management for Tullow's North Sea Assets

Petrofac Facilities Management has officially taken over responsibility for management of Tullow Oil's Hewett facility in the Southern North Sea and its Bacton Gas Terminal in Norfolk.

The landmark agreement, which came into force on October 1, 2003, marks the first time that a facilities management company has assumed management of an onshore gas terminal in the UK (Bacton).

Petrofac will also manage the six gas-producing installations in the Hewett Field, 25 miles east of Great Yarmouth. The Hewett installations, three normally unmanned with the others joined in a central complex, are tied back to the onshore Bacton Terminal in Norfolk.

The Operatorship transfer is Petrofac's fourth UKCS Facilities Management agreement. As well as managing the production facilities for the ChevronTexaco Galley field for the past five years, Petrofac recently completed the transition of the Paladin-owned Montrose, Arbroath and Arkwright fields and assumed responsibility for these facilities in May 2003. Petrofac has also been awarded a contract by Venture Production for its Kittiwake facility, which was acquired earlier this year. Under the agreement, Petrofac is responsible for the safe and effective operation of the facilities.

John Methven, Operations Director, Petrofac Facilities Management Europe, said: "The transfer of operatorship agreement with Tullow is significant to Petrofac as it represents a milestone in the development of our company into the Southern North Sea and onshore terminal management. It also signifies the route for the industry to enable field life extension of mature oil and gas fields.

"We will be using the competence, knowledge and management systems we have developed over the past 20 years to achieve the exemplary results from the assets."

"This innovative relationship we have developed with Tullow is indicative of the way Petrofac is aligning directly with its clients' key business drivers. It demonstrates PetrofacĀ¹s full facilities management capability and maintains our position as the first choice provider of operations management, maintenance, engineering and construction services to the oil, gas and petrochemical marketplace."