Petrofac Secures $10M Construction and Commissioning Contract from Ithaca, North Sea
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Oilfields services provider Petrofac announced that its Engineering and Production Services (EPS) business has received a construction and commissioning contract from Ithaca Energy for $10m.
Under the terms of this reimbursable contract, Petrofac will be responsible for the topsides construction and commissioning works that are to be undertaken on the Ithaca-operated FPF-1 floating production facility, for the tieback of the BP-operated Vorlich field subsea development in the Central North Sea.
As Duty Holder of the FPF-1 asset Petrofac will fully integrate its operations and construction teams in support of the construction work scope, which is due to commence in January 2019 and complete in 2020.
“I’d like to congratulate our team on securing this fantastic project which builds not only on our existing relationship with Ithaca Energy, but our wider portfolio of brownfield engineering and construction projects,” said Nick Shorten, managing director, EPS, Western Hemisphere.
“Our track record for effective project delivery, combined with our operational knowledge of the FPF-1 asset, will enable us to deliver an integrated technical solution aligned to our client’s project and commercial objectives. We very much look forward to supporting development of the Vorlich field and continued investment in the North Sea,” said Petrofac.
Source: Compelo
To stop by Petrofac’s website, CLICK HERE
To stop by Ithaca’s website, CLICK HERE
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