Petrofac Awarded Gas Plant Co
Press Release
27 October 2010
PETROFAC LIMITED
PETROFAC AWARDED GAS PLANT CONTRACT WITH TOTAL
Petrofac, the international oil & gas facilities service provider, has been awarded a contract worth in excess of £500 million by Total E&P UK Limited (Total) for the development of a gas processing plant on the Shetland Islands. Work is scheduled to begin in October 2010, with first gas expected from the project in Q2 2014.
Petrofac will develop the 500 million standard cubic feet per day gas processing plant through its Offshore Engineering & Operations (OE&O) business unit, supported by Engineering & Construction. The project comprises engineering and procurement, supply, construction, commissioning and start-up. The plant, located on Shetland at Sullom Voe, will facilitate the transportation of gas from Total's Laggan and Tormore fields, which lie 125km North-West of the Shetland Islands, to the Total operated St Fergus Gas Terminal in Aberdeenshire.
Maroun Semaan, Petrofac's group chief operating officer, commented: "We are pleased to have been awarded this important contract with Total, a major international customer for our group. The contract, which has been secured following an extensive project definition and competitive bidding process, forms part of the strategic growth plan for the Offshore Engineering & Operations business and marks our first EPC contract in the UK."
Bill Dunnett, managing director of Petrofac Offshore Engineering & Operations said: "Today's announcement represents a very significant milestone for the OE&O business. We have mobilised an excellent project team focused upon delivering the project objectives, while ensuring we respect both the location and the environment, and to work alongside the local Shetland community."
ENDS
For further information contact:
Tulchan Communications Group Ltd +44 (0) 20 7353 4200
James Bradley
David Allchurch
petrofac@tulchangroup.com
Notes to Editors
Petrofac
Petrofac is a leading international provider of facilities solutions to the oil & gas production and processing industry, with a diverse customer portfolio including many of the world's leading integrated, independent and national oil & gas companies. Petrofac is quoted on the London Stock Exchange (symbol: PFC) and is a constituent of the FTSE 100 Index.
The group delivers services through seven business units: Engineering & Construction, Engineering & Construction Ventures, Engineering Services, Offshore Engineering & Operations, Training Services, Production Solutions and Energy Developments.
Through these businesses Petrofac designs and builds oil & gas facilities; operates, maintains and manages facilities and trains personnel; enhances production; and, where it can leverage its service capability, develops and co-invests in upstream and infrastructure projects. Petrofac's range of services meets its customers' needs across the full life cycle of oil & gas assets.
With around 12,500 employees, Petrofac operates out of six strategically located operational centres, in Aberdeen, Sharjah, Woking, Chennai, Mumbai and Abu Dhabi and a further 19 offices worldwide. The predominant focus of Petrofac's business is on the UK Continental Shelf (UKCS), the Middle East and Africa, the Commonwealth of Independent States (CIS) and the Asia Pacific region.
For additional information, please refer to the Petrofac website at www.petrofac.com.
This information is provided by RNS
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