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  • Petrofac extends Integrated Services for NEO Energy
    édité le 13/04/2021 - Plus de news de "Petrofac" - Voir la fiche entreprise de "Petrofac"


Petrofac extends Integrated Services for NEO Energy
Petrofac, the leading international service provider to the energy industry, announces the early award of a one-year extension to its Integrated Services contract with NEO Energy.

The extension, awarded eight months ahead of the renewal date, takes Petrofac’s contract for operations, maintenance, engineering and construction support for NEO Energy’s UK activities, through to December 2022.

Petrofac supported the transition of operations on the Quad 15 & Flyndre area in 2020 following NEO Energy’s acquisition of the assets, and at the same time assumed responsibility for ongoing operations, maintenance, engineering and construction under its integrated delivery model. In July of the same year, under a separate two-year agreement, Petrofac’s well engineering team were selected by NEO Energy to provide Well Management and Well Operator support for 25 production wells across the Affleck, Balloch, Dumbarton, Flyndre and Lochranza fields.

Commenting, Nick Shorten, Managing Director for Petrofac in the Western Hemisphere, said:

"We are thrilled to continue our support of NEO Energy’s late life asset strategy and pursuit of top-quartile uptime and efficiency. The early extension of our integrated services contract provides further endorsement of our ability to seamlessly deliver services across the asset lifecycle."

About Petrofac

Petrofac is a leading international service provider to the oil and gas production and processing industry, with a diverse client portfolio including many of the world’s leading integrated, independent and national oil and gas companies. Petrofac is quoted on the London Stock Exchange (symbol: PFC).

Petrofac designs and builds oil and gas facilities; operates, maintains and manages facilities and trains personnel; enhances production; and, where it can leverage its service capability, develops and co-invests in upstream and infrastructure projects. Petrofac’s range of services meets its clients’ needs across the full life cycle of oil and gas assets.

With around 11,500 employees, Petrofac operates out of seven strategically located operational centres, in Aberdeen, Sharjah, Abu Dhabi, Woking, Chennai, Mumbai and Kuala Lumpur and has a further 24 offices worldwide.

About NEO Energy

NEO Energy is an independent full-cycle North Sea operator in the UK Continental Shelf backed by HitecVision. NEO is focused on combining value creation from the prospective North Sea basin with high Environmental, Social and Governance standards. It has a high quality, sustainable asset base with a significant scope to grow production organically, by extending the life of its assets, and through acquisitions, to achieve production of 120,000 boepd.


Origine : Communiqué Petrofac

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