Petrofac has been supporting the UK Continental Shelf (UKCS) for more than 20 years, working in collaboration with its customers to drive efficiencies and generate maximum value across their operations.
This collaborative approach has resulted in the business securing recent contract extensions from its customers on the UK Continental Shelf (UKCS), worth approximately USD 400M.
Petrofac has recently secured a two year extension from Centrica Storage Limited to its Services contract on the 8A platform in the Rough field which will commence in January 2016.
It has also secured a five-year contract extension from EnQuest, combining the services of an existing Facilities Management Agreement that will see Petrofac continue as Duty Holder of the Kittiwake platform, with a brownfield engineering modifications contract. Petrofac will apply its significant experience of operating the Kittiwake asset throughout the previous decade to generate further efficiencies and savings that in turn will create a self-funding profit mechanism for the business and will deliver additional value to EnQuest.
