Petrofac, a leading provider of services to the global energy industry, has been awarded a three-year contract extension in support of Repsol Sinopec Resources UK’s North Sea operations worth more than US$100 million.
The award, for the provision of operations and maintenance services, is testament to the service company’s established track record and existing long-term relationship with Repsol Sinopec.
Since Petrofac’s initial appointment by Repsol Sinopec in 2016, the scope of work has grown steadily. Notably, Repsol Sinopec awarded an additional six North Sea assets to Petrofac in 2020, a demonstration of continued confidence in delivery.
Nick Shorten, Chief Operating Officer for Petrofac’s Asset Solutions business, said:
“Our relationship with Repsol Sinopec has continued to grow, adapting to new requirements and the operating environment. This contract extension demonstrates our team’s commitment and drive to support Repsol Sinopec through safe and effective operations. We look forward to our continued partnership and collaboration across their North Sea assets.”
The contract supports more than 300 jobs across a range of assets, including Arbroath, Auk, Bleo Holm, Claymore, Clyde, Fulmar, Montrose, Piper, Saltire and Tartan assets in the North Sea. Petrofac also provides support to Flotta Oil Terminal and Nigg Oil Terminal.
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.
About Repsol Sinopec
Repsol Sinopec Resources UK is an oil and gas exploration and production company operating in the North Sea.
The company is a joint venture between Repsol and Addax Petroleum UK Limited, a wholly-owned subsidiary of China Petrochemical Corporation (Sinopec Group). It arose from the acquisition, in 2015, by Repsol, of the global assets of the former Talisman Energy Inc, including its 51% equity interest in the joint venture, previously called Talisman Sinopec Energy UK.