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  • Neptune Energy awards contract extension to Petrofac for UK services
    édité le 21/12/2021 - Plus de news de "Neptune Energy" - Voir la fiche entreprise de "Neptune Energy"


Neptune Energy awards contract extension to Petrofac for UK services
Neptune Energy announced the award of a two-year contract extension to Petrofac for engineering services for the Neptune-operated Cygnus Alpha and Bravo platforms in the UK Southern North Sea.

Petrofac will provide a range of brownfield engineering, procurement, construction and commissioning services for the Cygnus field. It follows the award of a separate, three-year contract extension to the company earlier this year, for operations and maintenance support in the UK.

Earlier this year, Petrofac celebrated its 10th anniversary of supporting the Cygnus field, having begun working on the pre-operational phase of Cygnus in 2011.

Neptune Energy’s UK Managing Director, Alexandra Thomas, said: “Petrofac is an important partner for Neptune Energy in the UK with a strong and well-established understanding of the Cygnus assets.

“The offshore team’s detailed knowledge supports the safe and optimal operation of the facility, and reduces time and costs associated with planning engineering activities. This is crucial given Cygnus is a key component of the UK North Sea’s energy infrastructure, capable of producing 6% of UK domestic gas demand.”

Petrofac’s Chief Operating Officer Nick Shorten said: “Our operations experience on Cygnus gives our engineering team unique insight into how to manage key brownfield integrity scopes and EPC modifications with ultra-efficient results; reducing impact on operations and minimising downtime in order that Neptune can continue to meet critical energy demand.

“We are delighted to have the opportunity to build on that approach, and further strengthen our long-term partnership with Neptune Energy.”

The contract extension will take effect from 1 January 2022.

About Neptune Energy Group

Neptune Energy is an independent global E&P company with operations across Europe, North Africa and Asia Pacific. The business had production of 142,000 net barrels of oil equivalent per day in 2020 and 2P reserves at 31st December 2020 of 601 million barrels of oil equivalent. The Company, founded by Sam Laidlaw, is backed by CIC and funds advised by Carlyle Group and CVC Capital Partners.

About Petrofac

Petrofac is a leading international service provider to the energy industry, with a diverse client portfolio including many of the world’s leading energy companies. Petrofac designs, builds, manages and maintains oil, gas, refining, petrochemicals and renewable energy infrastructure. Our purpose is to enable our clients to meet the world’s evolving energy needs. Petrofac’s core markets are in the Middle East and North Africa (MENA) region and the UK North Sea, where we have built a long and successful track record of safe, reliable and innovative execution, underpinned by a cost effective and local delivery model with a strong focus on in-country value. We operate in several other significant markets, including India, South East Asia and the United States. We have 8,500 employees based across 31 offices globally.

Petrofac is quoted on the London Stock Exchange (symbol: PFC).


Origine : Communiqué Neptune Energy

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