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Statoil awards Peregrino OMM contract to Wood Group

 

Published by
Oilfield Technology,

On behalf of the Peregrino licence partners, Statoil has awarded a 4 year contract to Wood Group to provide operations and maintenance for its two wellhead platforms, Alpha and Bravo, and modification services for both units and the FPSO Peregrino.

The contract’s scope includes offshore services and covers all production processes and equipment, except drilling services, and introduces a new operating model for the field. For the first time the company is bundling all these services in one single contract in order to boost integration and simplify the contract management.

“The bundling of the contracts will bring significant cost savings to Statoil Brazil, in addition to simplification to our operations. It’s essential to take the best of what the market can offer to us and further strengthen the relationship with our key suppliers”, said Jon Arnt Jacobsen, Chief Procurement Officer of Statoil.

“We have decided to group these contracts in line with our corporate strategy of simplification, cost optimisation and production efficiency. We have been working closely with Wood Group in Peregrino field and we look forward to strengthening our partnership for the next 4 years”, commented Pa°l Eitrheim, Senior Vice President for Development Production International South America and Brazil Country Manager.

Edited from press release by

 

Statoil ASA 2015 first quarter results

Despite challenging oil and gas prices in the quarter, Statoil delivered adjusted earnings of NOK 22.9 billion and NOK 7.0 billion after tax.


 

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