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Petrofac renews North Sea deal with ONE

Aug 06, 2018
1 min read
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Petrofac has secured a five-year renewal on its support services contract with an asset of Oranje-Nassau Energie Resources Limited (ONE) in the North Sea.

Under the agreement, which is worth in the region of US$20 million, Petrofac will continue to provide operations and maintenance, engineering, training and asset management support for ONE’s Sean asset in the Southern North Sea (SNS).

ONE was a new entrant to the UKCS when it acquired a 50 per cent operated interest in the Sean field in 2014. Petrofac subsequently supported the Transfer of Operatorship of the Sean asset - which comprises a manned, bridge-linked wellhead and production platform, and a Not Normally Manned Installation (NNMI) – and was awarded the initial Duty Holder Support Services contract in 2015.

Dave Blackburn, senior vice president, Petrofac Engineering and Production Services West, said: “We’re delighted that ONE has demonstrated continued confidence in our ability to create notable added value for them through the provision of effective integrated support services. The renewal of this important contract is testament to our teams’ competence and experience in the SNS.”

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