Featured
Petrofac awarded UK North Sea contract by Hess
Petrofac has been awarded a contract of an undisclosed value by Hess, a leading independent energy company, for the well-plugging and abandonment of four wells within the Rubie and Renee oilfields in the Central sector of Britain’s North Sea, according to a press report in Emirates News Agency issued yesterday.
The wells, which lie offshore around 200 km north-east of Aberdeen, were previously shut-in as part of a decommissioning phase and now will be fully abandoned. Petrofac’s responsibilities include detail planning, direct procurement and management of all sub-contracted services, including provision of a semi-submersible rig, the statement said.
Speaking on the award of the contract, Nick Shorten, Managing Director for Petrofac Engineering and Production Services West, said, “We are delighted to secure our first well engineering scope with Hess. This award builds on our existing track record for delivering Well Operator and Project Management services for clients globally, but specifically in the UK Continental Shelf (UKCS) where in recent years we have successfully delivered numerous multi-well plug and abandonment campaigns.
READ: Petrofac-PDO 10-year Framework Contract Surpasses US $450 million
Petrofac, which has operational centres in Sharjah and Abu Dhabi, as well as in Aberdeen and Woking in the UK and in India, Saudi Arabia and Malaysia, was also recently, awarded a three-year Operations & Maintenance Support Services contract from INEOS FPS.
-
Economy2 months agoOMIFCO IPO: Price, Dividends, Subscription Dates and Listing – Here’s Everything You Need to Know
-
Magazines2 months agoOER May 2026 Edition: The Digital Copy
-
News1 month agoINVESTIGATION: Why Nokia Could Matter More in the Quantum Age Than It Ever Did in Mobile
-
Investment2 months agoWhy Are Tech Stocks Rising Again – And Is It Too Late To Invest In Them?
-
News1 month agoINVESTIGATION: Is AI in a Bubble? Inside the Trillion-Dollar Question Reshaping Global Markets
-
Magazines2 months agoSignature Oman: May 2026 Edition
-
Banking & Finance2 months agoSohar Islamic Launches Exclusive Infinite Credit Card for HNWIs in Oman
-
Economy1 month agoOMIFCO Successfully Completes Bookbuilding & Sets Final IPO Offer Price

You must be logged in to post a comment Login