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  • Petrofac extends successful relationship with NEO Energy
    édité le 25/01/2022 - Plus de news de "Petrofac" - Voir la fiche entreprise de "Petrofac"


Petrofac extends successful relationship with NEO Energy
Petrofac, a leading international service provider to the energy industry, announced a five-year contract extension for Well Management and Well Operator Services with NEO Energy.

Petrofac will provide a five-year framework for Well Management and Well Operator support for 27 wells across the Affleck, Balloch, Dumbarton, Lochranza and Finlaggan fields located in the Central North Sea, UK. The contract also positions Petrofac to support future well construction and intervention campaigns.

Nick Shorten, Chief Operating Officer for Petrofac’s Asset Solutions business, said:

"As Well Operator for over 50 wells on behalf of seven clients, including NEO Energy, this award allows us to build on our exemplary track record of delivering Well Operator services in the UKCS.

"Unlocking long-term value for our clients is of the utmost importance to Petrofac. Since taking on Well Management and Well Operator responsibilities on behalf of NEO in 2020, we have proactively managed the integrity of existing well stock, supported the successful startup of the Finlaggan Field and continued to plan and prepared for execution of production enhancing intervention and new well construction campaigns in 2022/23. We have achieved this thanks to our close working relationship with NEO and our commitment to enhancing value and delivery excellence.”

Today's announcement builds on Petrofac's previously awarded Integrated Services Contract for NEO Energy. The contract, which began in 2020 and was extended early in 2021, involves provision of ongoing operational, maintenance, engineering, and construction support for the Operator's UK activities while retaining direct procurement and managing sub-contracted services.

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 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.


Origine : Communiqué Petrofac

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