News Oil & Gas

Orcadian signs core services MoU for Pilot oil field

Orcadian Energy plc has signed a binding memorandum of understanding with SLB to deliver core services for the wells on the company’s Pilot oil project in the North Sea. TECHNOLOGIES The companies and chosen well operator Petrofac will plan a comprehensive project agreement with a strong focus on decarbonisation. Orcadian chief executive Steve Brown said […]

Equipment & Logistics News Oil & Gas

i3 awards Serenity appraisal well drill contract

i3 Energy plc has awarded Petrofac the contract to drill the Serenity appraisal well in the Outer Moray Firth. STENA DON Petrofac Facilities Management Ltd will have three years to work on licence P2358 block 13/23c. PFML has an existing contract with Stena Drilling Ltd for the use of the Stena Don, a harsh environment, […]

News Oil & Gas

Neptune extends second contract with Petrofac

Neptune Energy has awarded a two-year extension to its engineering services contract with Petrofac for the Cygnus Alpha and Bravo platforms in the UK Southern North Sea. PARTNER Petrofac will provide a range of brownfield engineering, procurement, construction and commissioning services for the Cygnus field. The award follows a separate, three-year contract extension to the […]

News Oil & Gas

UK oil and gas supply chain needs energy transition deals

The UK’s oil and gas sector had a unique role to play in the energy transition but commercial opportunities also had to be created, said members of an industry task force. Director with the Oil and Gas Authority (OGA) Stuart Payne and Petrofac COO John Pearson set out their ideas on how the industry could […]