Petrofac has been appointed as duty holder to support UK joint venture Anasuria Operating Co. (AOC) to take over operatorship of Anasuria cluster in the North Sea.
Anasuria Operating Co. is a joint venture company formed between Hibiscus Petroleum Berhad and Ping Petroleum.
The initial five-year contract, which has additional options to extend, is worth in the region of US$250 million and secures 65 jobs, with most of the offshore personnel currently supporting the asset transferring to Petrofac.
The Anasuria cluster, are located 175km east of Aberdeen and consist of a 100% interest in the Anasuria FPSO, Teal, Teal South, Guillemot A fields and a 38.65% interest in the Cook field. AOC was incorporated by Ping and Hibiscus to act as license operator.
Under this scope Petrofac will assume full responsibility on behalf of AOC for the FPSO operations as well as for monitoring and managing the pipelines and wells with the exception of the Cook well. Within this contract the responsibilities for installation operator (including duty holder), pipeline operator and well operator are being combined for the first time within Petrofac's service operator model. This approach evolves the outsourced duty holder service which Petrofac pioneered in 1997 and will provide an integrated, aligned approach to the operation and development of the cluster.
"AOC's acquisition of the Anasuria cluster is really an investment in the future of the North Sea and it is a positive development for our industry during these challenging times. We aim to support AOC as they work to realize their vision for Anasuria to increase production and extend the life of field. We will apply our duty holder expertise in the safe delivery of an innovative operating model, designed to eliminate waste and maximize efficiency,"Walter Thain, managing director - West, Petrofac Engineering and Production Services said.
Petrofac has been assisting AOC throughout its preparations for the transfer of operatorship as the joint venture worked towards completing the purchase of the cluster from Shell UK, Shell EP Offshore Ventures and Esso Exploration and Production UK.
Subscribe
