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Petrofac Ltd.

05/18/2022 | Press release | Distributed by Public on 05/18/2022 00:46

Petrofac grows presence in Africa with award of Tullow Oil scope

Petrofac grows presence in Africa with award of Tullow Oil scope

Petrofac, a leading provider of services to the global energy industry, has grown its presence in Africa having been selected by Tullow Oil to provide well decommissioning services in Mauritania.

The contract, with potential total value of more than US$60m, involves the project management, engineering, planning and plugging and abandonment (P&A) of seven subsea wells on Tullow Oil's Banda and Tiof fields.

Petrofac assumes responsibility for the subsea well decommissioning scope from Maersk Decom, who have been preparing the work since 2020. By mutual agreement, the parties have novated the contract to Petrofac who will take immediate responsibility for the project, with the offshore scope running from Q4 2022 throughout Q1 2023. Petrofac will provide all personnel, assets and equipment required for the project, including management of the Island Innovator drilling unit and offshore support vessels.

Nick Shorten, Chief Operating Officer for Petrofac's Asset Solutions business said: