Petrofac wins North Sea extension with BP

BP's Andrew platform in the North Sea; Image source: BP

International oil & gas service provider Petrofac has won a three-year extension to an existing North Sea maintenance services contract with British oil giant BP.

Petrofac said on Monday that the contract, worth in the region of $25 million, was awarded following a competitive tender process.

Under the agreement, Petrofac will continue to provide campaign maintenance and isolation valve sourcing scopes on BP’s North Sea assets, many of which the company has supported since 2009.

The initial five-year £100 million contract between the two companies from 2009 was the first contract in which BP separated out maintenance services.

Walter Thain, Managing Director of Petrofac Engineering and Production Services West, said: “Over the last seven years we have developed a robust knowledge of BP’s North Sea assets.

“As a result, we’ve forged a strong working relationship which is evolving in line with current industry drivers and BP’s business objectives. We are delighted BP has demonstrated continued confidence in our ability to drive value through the integration of services and our holistic asset-led approach to delivery.”

At the moment, Petrofac manages planned and routine maintenance, corrective work, including the maintenance of safety equipment, pressure safety valves, fire mains equipment as well as lighting and low voltage electrical maintenance on all BP’s offshore UK North Sea assets with a complement of 100 offshore maintenance workers.

Share this article

Follow Offshore Energy Today

Events>

<< Feb 2018 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 1 2 3 4

Baltic Energy Industry Forum – BEIF 2018

By the end of 2030, 4 GW of offshore wind farms (OWF) may be built in the Polish part of the Baltic Sea, and by the end of 2035 the capacity…

read more >

FPSO Europe Congress 2018

The FPSO Europe Congress 2018 builds on these themes, lending a particular focus to FPSO Value Preservation and Operational Excellence…

read more >

Offshore Pipeline Technology

Join 200+ key offshore pipeline professionals to exchange ideas, innovation and technology development to help…

read more >

Arabia 2018 Conference and Exhibition

Offshore Arabia is a focused prestigious meeting place of the Offshore Industry, and it’s diverse spectrum from the Oil & Gas…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply