Energy service giant Petrofac said yesterday it had won a new contract worth more than £74million for work in the central UK North Sea.
The company’s offshore projects and operations division is to provide engineering and construction support for Chevron’s three operated assets – the Captain, Alba, and Erskine platforms – under a deal expected to create 70 jobs.
The contract is initially for up to three years, but there are two one-year extension options.
Petrofac said the new workers, including onshore and offshore staff, were needed to execute and deliver the services.
Walter Thain, senior vice-president Europe, added: “We’re delighted to have been selected to support Chevron North Sea.”
Petrofac said it had also been awarded a contract in Iraq to provide general construction management services to BP on the Rumaila field, near Basra, in the south of the country.
Under the BP deal, Petrofac will provide management and staff to manage brownfield modifications to help the UK energy giant and partners “rapidly and safely” increase production from one of the world’s largest oilfields.
The contract runs for three years, with an option for further extension of two years, and has a potential value of up to £310million.
Petrofac will provide the overall management and co-ordination of multiple construction projects, including work undertaken by third-party contractors on the field, which is 20 miles from the Kuwaiti border. With more than 18,000 employees, Petrofac operates out of seven strategically located operational centres, in Aberdeen, Sharjah, Abu Dhabi, Woking, Chennai, Mumbai and Kuala Lumpur, and has a further 24 offices worldwide.
It designs and builds oil and gas infrastructure, operates, maintains and manages facilities, and trains people. It also develops and co-invests in upstream and infrastructure projects.