International oil and gas facility service provider Petrofac has announced a £100million contract win in the UK.
Petrofac’s offshore engineering and operations business is to provide maintenance services in the North Sea for BP Exploration Operating Company.
The work is currently done largely by Wood Group and PSN and about 200 people are expected to transfer across to Petrofac.
Under the terms of the five-year deal, Petrofac will deliver integrated maintenance management support services including maintenance for all of BP’s UK offshore assets and the onshore Dimlington plant in England.
Bill Dunnett, managing director of Petrofac’s offshore engineering and operations business, said yesterday: “We are very pleased to win this contract, as we value our maintenance and integrity capabilities.
“Petrofac is investing in significant, sustained growth across our UK and international offshore service business. We are also drawing on the broader Petrofac expertise and systems to focus on working with BP to drive higher plant reliability and availability. We look forward to going offshore to meet the safety representatives, maintenance and operations teams in the southern and northern North Sea to implement a safe and effective transition.”
BP North Sea managing director Bernard Looney said: “I am delighted that Petrofac has been awarded the maintenance service contract.
“It has the capability to deliver our maintenance strategy and has demonstrated its determination to succeed and I very much look forward to a long and productive partnership.
“The North Sea is a big part of BP’s global business and our goal is to sustain investment over the next decade. This has been the third contract to be awarded out of our £1billion portfolio of key contracts to be announced over the coming months. These are more than traditional contract renewals; they are designed to transform fundamentally the way we work together with our suppliers to drive improved safety and efficiency in the basin.”
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