Engineering firm Petrofac has won an up-t0 $95mn, three-year contract to service wells for private-equity owned Siccar Point Energy, it said February 11.
The contract includes provision of well operator and engineering project management services including supply chain management for Siccar Point’s operated assets West of Shetland. Petrofac will be responsible for all new well work and the ongoing integrity management of existing well stock, it said.
Petrofac will also deploy its industry-leading well project management software to ensure efficient and assured project delivery, it said.
The award "builds on our existing track record for delivering well operator and project management services for clients across the globe, but specifically West of Shetland, where we have significant exploration, appraisal and development experience,” it said.
Contract award area