Petrofac Extends UK Sean Contract

UK contractor Petrofac said August 6 it has secured a five-year renewal on its duty holder support services contract with Dutch operator Oranje-Nassau Energie Resources Limited (ONE).

Under the agreement, worth about $20mn over the term, Petrofac will provide operations and maintenance, engineering, training and asset management support at Sean field in the UK southern North Sea.

ONE was a new entrant to the UK continental shelf when it acquired a 50% operated interest in the Sean field in 2014. Petrofac subsequently supported the transfer of operatorship of the Sean asset - which comprises a manned, bridge-linked wellhead and production platform, and a not normally manned installation  – and was awarded the initial duty holder support services contract in 2015.

Gas from the Sean field is evacuated through a dedicated 107km 30-inch diameter pipeline to the Bacton terminal on the English coast in East Anglia.

ONE describes itself as the largest privately-owned Dutch exploration and production company; it followed up its acquisition of Sean in 2014 by acquiring further UK assets from Sterling Resources last year. In March 2018, two independents Hansa and Discover agreed that operatorship of the GEms area, in the Dutch and German North Sea, would pass to ONE following completion of an asset transfer.