Petrofac Awarded Contract Extension in the North Sea

Petrofac Awarded Contract Extension in the North Sea

British oilfield service provider, Petrofac, has been awarded a multi-million dollar integrated services contract by Ithaca Energy to renew its contract in the North Sea, according to a press release.  

The new five-year deal will see Petrofac integrate operations, maintenance, engineering, construction, and onshore and offshore technical support across Ithaca’s North Sea operated asset base.

Nick Shorten, Managing Director for Petrofac’s EPS business, said, “Ithaca’s decision to expand our service provision demonstrates its confidence in our ability to provide integrated support services that enhance operational effectiveness. We look forward to building on our long-standing working relationship by supporting our client to maximize the value of its assets.”

The contract extension also means that Petrofac will continue to provide services for the Alba, Captain, Erskine, and FPF-1 assets, building on the operations, engineering, and support services it has been providing since 2011.

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