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Drilling & production - 30 August 2011

 

Petrofac awarded contracts by GDF SUEZ E&P UK

Petrofac’s Offshore Engineering & Operations (OE&O) business has been awarded two North Sea contracts by GDF SUEZ E&P UK. Valued at £30 million over three years with an additional two year option, the contracts were awarded following a competitive tender process.

 
 
 
 

Pazflor field comes onstream ahead of schedule

Total, operator of Block 17, today announced that the giant Pazflor field offshore Angola has come on stream ahead of the initial schedule. The Pazflor field lies 150 km off Luanda in water depths ranging from 600 - 1200 m and has estimated proved and probable reserves of 590 million barrels. The field will gradually ramp up to its full production capacity of 220,000 bpd over the coming months.