Petrofac has been appointed Well Operator by Tullow Oil for the next phase of its Thames Decommissioning Project, following the award of a contract worth around US$16 million.

As Well Operator, Petrofac will be responsible for the execution of plug and abandonment operations on three of Tullow Oil’s subsea wells in the Southern North Sea. This will include detailed planning, direct procurement and management of all sub-contracted services, including provision of a jack-up rig.

The award follows the successful completion of plug and abandonment programmes in 2016 and 2018, throughout which Petrofac decommissioned seven of Tullow Oil’s subsea and platform wells, delivering project savings of more than US$6.5 million.

Alex Macdonald, Managing Director – Well Engineering, Petrofac Engineering and Production Services, said: “We are delighted to further strengthen our relationship with Tullow Oil as it takes the next step in its Thames Decommissioning project.

“At the end of the asset lifecycle, the focus on cost and schedule remains as important as ever. This award is testament to the approach we take to optimise operations through new decommissioning techniques and maximise collaboration across the supply chain in order to drive efficiency.”

Petrofac became the first outsourced Well Operator to execute fully integrated Well Operator services in 2016. The company’s Well Operator capability evolved from its outsourced Service Operator model and its extensive track record in well project management, enabling Petrofac to provide a standalone or integrated approach to the management of wells, installation and pipeline operations.

About Petrofac

Petrofac is an international service provider to the oil and gas production and processing industry, with a diverse customer portfolio including many of the world’s leading integrated, independent and national oil and gas companies.

Petrofac designs, builds, operates and maintains oil and gas facilities, delivered through a range of innovative commercial models, enabling it to respond to the distinct needs of each client and helping them to transform the value of their assets across the oil and gas life cycle.

Petrofac’s service offering is underpinned by its ability to develop resource holders’ local capability through the provision of skills training with competency development and assurance frameworks. Around 20,000 employees operate out of seven strategically located operational centres, in Sharjah, Aberdeen, Abu Dhabi, Woking, Chennai, Mumbai, and Kuala Lumpur and a further 24 offices worldwide.

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

About Tullow

Tullow is a leading independent oil & gas, exploration and production group, quoted on the London, Irish and Ghanaian stock exchanges (symbol: TLW). The Group has interests in over 100 exploration and production licences across 18 countries which are managed as three Business Delivery Teams: West Africa, East Africa and New Ventures.