Petrofac's Engineering and Production Services (EPS) business secured a construction and commissioning contract with Ithaca Energy (UK) Limited valued in the region of $10 million, the British oilfield services provider announced Tuesday.
According to Petrofac's statement, under the terms of this reimbursable contract, the company will be responsible for the topsides construction and commissioning works that are to be undertaken on the Ithaca-operated FPF-1 floating production facility, for the tieback of the BP-operated Vorlich field subsea development in the Central North Sea.
"As duty holder of the FPF-1 asset, Petrofac will fully integrate its operations and construction teams in support of the construction work scope, which is due to commence in January 2019 and complete in 2020," the statement said.
Nick Shorten, managing director of EPS, Western Hemisphere, said the project built not only on Petrofac's existing relationship with Ithaca Energy, but its wider portfolio of brownfield engineering and construction projects.
"Our track record for effective project delivery, combined with our operational knowledge of the FPF-1 asset, will enable us to deliver an integrated technical solution aligned to our client’s project and commercial objectives.
"We very much look forward to supporting development of the Vorlich field and continued investment in the North Sea," he added.
Ithaca Energy is an oil and gas operator focused on North Sea production, appraisal and development activities.
By Hale Turkes