New Duty Holder Contract for Petrofac in North Sea

Petrofac, the international oil & gas facilities service provider, announces that it has been awarded the duty holder contract for the Northern Producer floating production facility by the vessel’s owner Sea Production Limited. The estimated contract value is in the region of £15 million per annum.

The Northern Producer is currently located in the McNulty Offshore yard in South Shields, Tyne and Wear and is staffed by personnel from Petrofac Facilities Management as work progresses with the upgrade and modification of the facility that will significantly extend the vessel’s life. When the upgrades and modifications are complete the Northern Producer will be deployed between the Don Southwest and West Don fields, with first oil expected in the first half of 2009.

Steve Bullock, VP, operations management for Petrofac Facilities Management said: “This contract award extends the long and successful relationship that Petrofac has developed with Sea Production Limited, following Petrofac’s ten-year period as duty holder for the Northern Producer on the Galley field. Having successfully taken the vessel through to demobilisation last year, we are particularly pleased to be part of this new chapter in the Northern Producer’s history especially as we will be supporting our colleagues in Petrofac Energy Developments, who will be operating the field on behalf of Petrofac and its co-venturers in the Don Area development.”

“We believe the award further consolidates our leading position in the provision of facilities management services, where we now have six duty holder contracts covering responsibility for 15 assets in the UKCS and, in addition, our international service operator contract with the Government of Dubai.”