Petrofac Wins Ithaca Contract

December 18, 2018

(Photo: Ithaca Energy)
(Photo: Ithaca Energy)

Services provider Petrofac said its Engineering and Production Services (EPS) business has secured a construction and commissioning contract with Ithaca Energy to prepare the FPF-1 floating production facility for the BP-operated Vorlich field in the Central North Sea.

Under the terms of the reimbursable contract, Petrofac will be responsible for the topsides construction and commissioning works on the Ithaca-operated FPF-1. The deal is valued in the region of $10 million, Petrofac said.

Vorlich, a two-well development approximately 241 kilometers east of Aberdeen, will be tied back to FPF-1 at the center of Greater Stella Area production hub. The field is expected to come onstream in 2020.

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.

BP is operator and holds 66 percent interest in Vorlich, while Ithaca holds the other 34 percent.



Current News

OGA Grows Collaboration with Renewables

OGA Grows Collaboration with Renewables

Gardline Surveying for i3

Gardline Surveying for i3

Archer CEO Lechner Resigns

Archer CEO Lechner Resigns

Aker BP Restructures Safe Scandinavia Options

Aker BP Restructures Safe Scandinavia Options

Mexico Could Pay Pemex Debt from Stabilization Fund

Mexico Could Pay Pemex Debt from Stabilization Fund

Decommissioning Activity High

Decommissioning Activity High

Nigeria Aims to Cut National Oil Company Shareholding

Nigeria Aims to Cut National Oil Company Shareholding

Subscribe for OE Digital E‑News

OE Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week