Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Petrofac Wins USD250 Million Support Deal For Anasuria In North Sea

11th Mar 2016 07:11

LONDON (Alliance News) - Oil services company Petrofac Ltd on Friday said it has secured a deal to act as the duty holder supporting Anasuria Operating Co Ltd, the joint venture operating the Anasuria cluster licences in the North Sea.

Petrofac said the five-year deal is worth an initial USD250.0 million and will secure 65 jobs.

Anasuria is a joint venture between Hibiscus Petroleum Bhd and Ping Petroleum Ltd and owns and operates the Anasuria cluster licence area, located east of Aberdeen.

Petrofac will handle the floating petroleum storage and offloading vessel at Anasuria, along with monitoring the pipelines.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.


Related Shares:

Petrofac
FTSE 100 Latest
Value8,275.66
Change0.00