London-based energy services provider Petrofac Ltd. has signed a facility management contract with CNR International for a floating production, storage and offloading (FPSO) vessel off the Ivory Coast in West Africa, according to a press release.
Petrofac’s asset solutions business will provide integrated services for the Espoir Ivoirien FPSO vessel. The contract is initially for a period of three years and the exact value of the contract was not disclosed, although the press release said it was worth “multi-millions” of pounds.
Around 110 personnel currently supporting the FPSO, including those onshore and on board, will transfer to Petrofac from BW Offshore following the recent sale of the vessel to CNRI. Petrofac expects the transition of people and operations to be completed before the end of July.
The contract builds on Petrofac’s existing strong relationship with CNRI on the UK continental shelf, which has revolved around the provision of operations and maintenance services, according to the press release. The contract will be managed from Petrofac’s technical center in Aberdeen.
“I am delighted that we are continuing to grow our presence in Africa with this latest CNRI contract,” said Nick Shorten, managing director of Petrofac’s asset solutions business. service contracts in Africa. Petrofac is expanding across the continent, providing local jobs, developing local skills and collaborating with local partners.”
“We look forward to deploying our expertise and working in partnership with CNRI and our new employees to deliver a safe and seamless transition to the operation of the asset,” Shorten added.
According to a separate press release, the Espoir Ivoirien FPSO was sold by BW Offshore in June to an undisclosed customer for $20 million. The company said it will provide transition operations and maintenance services for up to five months.
Recent contracts
Petrofac has participated in several contracts during the last month.
In June, Petrofac was awarded a $700 million contract by Abu Dhabi National Oil Co.’s subsidiary ADNOC Gas Processing. (ADNOC) to undertake a new engineering, procurement and construction project at ADNOC’s Habshan complex. The contract, awarded to Petrofac Emirates, includes the engineering, procurement and construction of a new gas compressor plant. The new plant will include three gas compressor trains, associated services and electrical systems and will support ADNOC to increase gas production from the Habshan complex, Petrofac said.
In early June, Petrofac also announced that it had reached a definitive agreement with Step Polymers SPA, a subsidiary of Sonatrach, for the design and construction of its petrochemical complex in the Arzew industrial zone in Algeria. Petrofac said it will deliver the $1.5 billion project with its joint venture partner China Huanqiu Contracting & Engineering Corporation. The contract covers the design and construction of two large integrated processing units and includes the delivery of a new propane dehydrogenation unit and a polypropylene production unit, as well as associated utilities and infrastructure for the site. The asset is expected to produce 550,000 tonnes of polypropylene a year, Petrofac said.
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