Petrofac HQ in Aberdeen

Petrofac secures contract renewals worth nearly £81 million

ENERGY services firm Petrofac has secured a pair of contract renewals worth a combined £80.7 million. Petrofac did not say ...

Facebook
LinkedIn
X

ENERGY services firm Petrofac has secured a pair of contract renewals worth a combined £80.7 million.

Petrofac did not say who the contracts were with, but said it involved a competitive tender process with an international oil company.

The renewals will span for three year in the UK.

It includes work as a duty holder for an offshore asset, operations and maintenance services for an oil and gas development and a gas terminal.

Nick Shorten, Petrofac’s engineering and production services business in the western hemisphere managing director, hailed the renewals.

He said: “These new contracts with a long-standing client are an excellent example of our ability to scale and integrate our service provision in line with their latest requirements.

“We very much look forward to combining our extensive operations’ experience and digital technology programme to deliver sustainably efficient support on these contracts.”

Related Articles

Credit: Aker Solutions
Aker Solutions awarded bp North Sea frame agreement
Credit: Scot-Tel-Gould
Ultrafast wireless broadband now available to 10,000 Aberdeenshire premises
Scottish Government commits £141m to offshore wind scheme
Amazon backs new Shetland wind farm through power agreement
Credit: Subsea Micropiles
Subsea Micropiles to invest £5m in Montrose operations
Scarf launches new video showcasing the difference its support makes

Other Articles from ABN

Subscribe to our Daily Newsletter

Why? Free to subscribe, no paywall, daily business news digest.