UK: Petrofac Secures North Sea Contract Extension with Apache

Business & Finance

Petrofac, the international oil & gas service provider, has been awarded a contract by Apache North Sea Limited (Apache) for the provision of onshore engineering and both onshore and offshore construction services. The three-year contract, which was awarded following a competitive tender process, has two optional one-year extensions and is worth approximately £100 million per annum.

Petrofac will provide onshore engineering and both onshore and offshore construction services to all of the Apache North Sea assets including the Beryl Alpha and Bravo platforms in the northern North Sea and the Scottish Area Gas Evacuation (SAGE) gas processing plant at St Fergus, Aberdeenshire. The contract represents an extension to, and continuation of, the current service contract which Petrofac holds for Apache’s Forties platforms. Under the terms of the new contract Petrofac’s scope will also include topside brownfield and greenfield activity in addition to interfacing with subsea contractors.

Bill Dunnett, Managing Director, Petrofac Offshore Projects & Operations, said: “We have worked closely with Apache to deliver a number of highly successful projects on the Forties field since we began work in 2009. As Petrofac develops its offshore capability we are delighted that Apache has extended our responsibilities to include engineering and construction work on the Beryl field and at the SAGE gas plant.”

Jim House, Managing Director, Apache North Sea Limited, said: “Petrofac has consistently delivered against our expectations on the varied projects we have undertaken on the Forties development, including our biggest ever shutdown and turnaround project. They have also shown a relentless focus on improving safety performance and we look forward to continuing to work together to deliver our objectives across more of our North Sea assets.”

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Press Release, July 20, 2012