Dana Petroleum has chosen Petrofac to supply well management services for all of its assets operating in the UK North Sea. These include the FPSO (Floating Production Storage and Offloading) boats in the North Sea, Triton and Western Isles.
In the UK North Sea, Dana’s 11 operated and 18 non-operated Licenses will receive outsourced well engineering services under the new two-year contract, which has opportunities for extensions. The scope of the contract covers all phases of well engineering, from conceptualization to meticulous planning and design, as well as well construction, intervention, and decommissioning activities. Petrofac will continue to manage the whole supply chain, including rig or vessel leasing and well service contracts, as part of its integrated well engineering offering.
Nick Shorten, Chief Operating Officer for Petrofac’s Asset Solutions business said:
“The UK, our home for more than 25 years, is where we first honed our now world-leading well engineering skills. I’m proud of the value we have been delivering to Dana for the last five years, but there is no better validation of our delivery than our customer’s decision to retain our services. We look forward to supporting their delivery of value for their shareholders through continued safe, reliable and efficient operations.”
Andy Duncanson, Chief Operating Officer at Dana Petroleum added:
“We are really pleased to award this new contract to Petrofac. Dana is committed to doing all we can to support the supply chain and nurture the specialist skills that are so important for both our business and the wider sector.”
This lengthy UK deal, which follows recent significant decommissioning contract awards in Australia, Africa, and the Gulf of Mexico, builds on Petrofac’s expertise in tier-one wells and decommissioning.