Petrofac Secures US$400m Repeat UKCS Work

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Petrofac Secures US$400m Repeat UKCS Work

Petrofac’s Offshore Projects & Operations business unit has secured contract renewals for operations and maintenance work worth approximately US$400 million on the UK Continental Shelf (UKCS).

The largest of these awards is for the provision of operations and maintenance teams for CNR International across its North Sea assets – the three platforms in the Ninian complex; Murchison; and Tiffany – for the next five years.

Among others, in the East Irish Sea Petrofac has secured a two-year contract renewal from Eni, covering operations and maintenance services for the Douglas fixed platforms, Offshore Storage Installation and Point of Ayr terminal; and Duty Holder responsibility for the Irish Sea Pioneer operations support vessel. This builds on Petrofac’s existing portfolio of service provision for Eni, including as Duty Holder of the Hewett field and assets in the Southern North Sea.

Walter Thain, Managing Director, Petrofac Offshore Projects & Operations said: “This package is great news for the business and for everyone involved.

“In the current climate, more than ever, it is vital that operators can have confidence in the supply chain to continue to generate value for them. 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 UKCS

Source and Link: The EPC Engineer

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.