Petrofac wins three-year North Sea contract extension from Repsol Sinopec for over $100 million
(WO) – Petrofac has been awarded a three-year contract extension in support of Repsol Sinopec Resources UK’s North Sea operations worth over $100 million.
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”
The contract supports over 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. This announcement follows four recent operations and maintenance contract renewals in the North Sea for Petrofac.
Lead image credit: Repsol Sinopec
