Petrofac
to be facilities manager for Tullow
Posted: 16 June 2003
Petrofac Facilities Management, the leading operations management
company, has entered into a provisional agreement with Tullow Oil
UK Ltd to manage its UK Hewett and Bacton facilities.
Tullow has agreed in principle to purchase the entire ConocoPhillips
interest in the Hewett assets in the Southern North Sea sector of
the UKCS and the gas terminal at Bacton, and to take over operatorship
of those assets. The acquisition and operatorship transfer are subject
to the necessary governmental and co-venturer approval.
Tullow intends to appoint Petrofac as manager of the six gas-producing
installations in the Hewett Field. The field is 25 miles east of
Great Yarmouth in the Southern sector of the North Sea. The Hewett
installations, three normally unmanned with the others joined in
a central complex, are tied back to the onshore Bacton Terminal
in East Anglia.
Under the arrangement, Tullow also intends to appoint Petrofac
as manager of the Bacton Terminal. This will mark the first time
that a service company has been awarded the management of an onshore
gas terminal in the UK.
This is Petrofac¹s fourth UKCS Facilities Management agreement.
As well as managing the production facilities for the ChevronTexaco
Galley field for the past five years, Petrofac recently completed
the transition of the Paladin owned Montrose, Arbroath and Arkwright
fields and assumed responsibility for these facilities on the 20
May 2003. Petrofac was also awarded a contract by Venture Production
for its recently acquired Kittiwake facilities.
This arrangement will see new onshore and offshore organisational
structures emerging in Petrofac Facilities Management, including
an additional 10 support jobs based in its European Division headquartered
in Aberdeen. Petrofac will provide staff and the management systems
for the assets both offshore and onshore.
Jim Atack, Managing Director, Petrofac Facilities Management Europe
said: "The appointment by Tullow is significant as it represents
another milestone in the development of our company into the Southern
North Sea and onshore terminal management.
"This innovative relationship is indicative of the way Petrofac
is aligning directly with its clients¹ key business drivers
both in the UK and internationally. It demonstrates Petrofac¹s
full facilities management capability and maintains our position
as the first choice provider of operations management, maintenance,
engineering and construction services to the oil, gas and petrochemical
marketplace."
Posted by Richard Price,
Editor Pipeline Magazine
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