Petrofac is preparing to extend its provision of operations and maintenance services to Repsol Sinopec Resources UK Ltd, following an enhancement to its existing contract.
Under the terms of its current agreement, Petrofac will provide operations and maintenance support across six additional Repsol Sinopec assets. Around 200 individuals supporting the Claymore, Tartan, Clyde, Montrose, Arbroath and Bleo Holm assets will transfer to Petrofac, following a period of transition.
Petrofac already supports six of Repsol Sinopec’s UK assets under this contract. It also provides engineering support services as a tier 1 contractor for brownfield modifications and projects across the operator’s North Sea portfolio.
Offshore personnel will be supported and deployed via Petrofac’s dedicated 24/7 Operations Hub, through which all of its Operations and Maintenance contracts are managed. The Hub offers the flexibility of shared resources across contracts, enabling fluctuating client requirements to be managed in a flexible, cost-effective way.
Nick Shorten, Managing Director for Petrofac Engineering and Production Services, West said: “Since our initial appointment in 2016, our scope of support for Repsol Sinopec has grown steadily and the inclusion of this additional asset group demonstrates our client’s continued confidence in our delivery. We are delighted and very much look forward to continuing our support of Repsol Sinopec’s late life strategy, through safe and effective operations.”
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 Repsol Sinopec
Repsol Sinopec Resources UK is an oil and gas exploration and production company headquartered in Aberdeen and operating exclusively in the UK North Sea.
It is a joint venture between Repsol SA and Addax Petroleum UK Limited, a wholly-owned subsidiary of China Petrochemical Corporation (Sinopec Group). It arose from the acquisition, in 2015, by Repsol SA, 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.
Repsol Sinopec Resources UK has interests in 52 fields, of which it operates 41, on the UK Continental Shelf, with 12 offshore installations and two onshore terminals.