11 July 2016
Petrofac to support Repsol Sinopec’s transformation plan
Petrofac confirms it will play a significant role in new contracting strategies launched by Repsol Sinopec Resources UK earlier today as part of its ongoing North Sea transformation plan.
As part of its revised approach Repsol Sinopec Resources UK has awarded Petrofac two major contracts to support significant areas of its business both in the provision of engineering support services and onshore and offshore personnel.
Petrofac has been awarded a three-year engineering support services contract as a tier 1 contractor for major brownfield modifications across 12 assets within Repsol Sinopec Resources UK’s North Sea portfolio.
In addition, and under a separate three-year offshore labour supply contract, Petrofac will provide operations, maintenance and construction personnel for five of Repsol Sinopec Resources UK’s assets – Saltire, Auk, Piper, Fulmar and the Flotta onshore terminal in Orkney. Around 300 personnel currently supporting these assets will transfer to Petrofac at the end of the transition period.
Walter Thain, Managing Director – West, Petrofac Engineering & Production Services, said: “We are delighted to have been awarded both of these strategic contracts and to be given the opportunity to play a major role within Repsol Sinopec’s significant transformation plans. We are well positioned, through the award of the engineering services and offshore labour contracts, to make a fundamental difference to achieving effective and sustainable performance by focusing on improvement, innovation and accountability.
“We look forward to working collaboratively to effect a safe, smooth and seamless transition to operations across the portfolio for which we will be responsible. In addition, we will be deploying our scalable approach to engineering services delivery to ensure we provide high quality and cost effective services which add real value to Repsol Sinopec.”