Petrofac bags $100mn contract in India
Services company Petrofac has been awarded two new contracts worth about $100mn with India’s Cairn Oil & Gas, Vedanta, it said on February 7.
Selected by Cairn to provide integrated operations and maintenance (O&M) services in support of its upstream oil and gas facilities, Petrofac will supply expertise at the Ravva oil and gas field in the Krishna Godavari basin, in coastal Andhra Pradesh. The duration of the contract is four years, with an option to extend by 12 months. The scope of work includes full O&M of the facility, including offshore platforms, subsea pipelines and the onshore processing terminal.
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Cairn has also selected Petrofac to undertake a lump-sum engineering, procurement, and construction (EPC) project to support the provision of well hookâup and surface facilities for the Raageshwari Deep Gas (RDG) field, in Barmer, Rajasthan. The main scope of work includes bringing online additional wells, augmentation and modifications to handling and treatment facilities including electrical, instrument control, and safety and protection systems.
This follows a previous lump-sum EPC contract, valued at approximately $233mn, which Cairn awarded to Petrofac in April 2018 for its RDG field development project.