Petrofac has been appointed as duty holder to support North Sea incomers Anasuria Operating Company Limited in a deal worth $250million, securing 65 jobs.
The company is a joint venture between Hibiscus and Ping Petroleum who last year took over some of oil major Shell’s former North Sea assets.
The arrangement is effective today in line with Ping and Hibiscus taking over as owner and AOC as license operator of the Anasuria cluster.
Petrofac said the five-year contract will see most of the offshore personnel currently supporting the asset transferring to Petrofac.
The assets acquired by Ping and Hibiscus, named the Anasuria cluster, are located 175km east of Aberdeen and consist of a 100% interest in the Anasuria FPSO, Teal, Teal South, Guillemot A fields and a 38.65% interest in the Cook field. AOC was incorporated by Ping and Hibiscus to act as license operator.
Walter Thain, managing director – West, Petrofac Engineering & Production Services said: “We are delighted to have completed a successful and safe transition of operations for Anasuria and to continue to support AOC and help them to make a difference as they take up their first UKCS Operatorship.
“AOC’s acquisition of the Anasuria cluster is really an investment in the future of the North Sea and it is a positive development for our industry during these challenging times.
“We aim to support AOC as they work to realise their vision for Anasuria to increase production and extend the life of field.
“We will apply our Duty Holder expertise in the safe delivery of an innovative operating model, designed to eliminate waste and maximise efficiency.”
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