19th Jun 2015 06:41
LONDON (Alliance News) - Petrofac Ltd said Friday its Offshore Projects & Operations business unit has secured contract renewals for operations and maintenance work worth around USD400 million on the UK continental shelf.
"This package is great news for the business and for everyone involved," said Managing Director of Petrofac Offshore Projects & Operations Watler Thain in a statement. "This large-scale renewal - of contracts that we have held in some cases for more than a decade - is testament to our record of sustained operations delivery on behalf of our customers right across the UK continental shelf."
The renewals include a five-year contract for the provision of operations and maintenance teams for CNR International (UK) Ltd, and a two-year contract with Eni SpA in the East Irish Sea.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
Petrofac