Petrofac secures UK Well Services agreement
The three-year agreement, which includes options to extend, is estimated to be worth up to US$95 million over the term.
The three-year agreement, which includes options to extend, is estimated to be worth up to US$95 million over the term.
The project, which produces gas from the Giza and Fayoum fields, was developed as a deepwater, long-distance tie-back to an existing onshore plant.
PD&MS has won a two-year contract extension with Shell UK, extending an existing partnership through to April 2021, and securing in the region of 50 full time jobs.