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Petrofac Wins $100 Million North Sea Deal

May 20, 2016

 Petrofac (POFCF) is set to build on its provision of reimbursable services for Total E&P UK following the award of an enhanced three-year contract extension on the Alwyn and Dunbar platforms in the Northern North Sea.

 
The contract, worth in the region of $100 million, comes with two one-year options and has been reconfigured, with Petrofac providing an enhanced range of offshore services.
 
This award builds on a relationship with Total which began in 2005 to support the Alwyn and Dunbar assets, and will secure more than 150 offshore jobs.
 
Walter Thain, Managing Director, West, Petrofac Engineering & Production Services, said, “Over the last decade we’ve developed a great understanding of the Alwyn and Dunbar assets and have worked with Total to deliver significant improvements to both safety and production efficiency.”
 

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