Oil and gas service provider Petrofac has been awarded a new three-year engineering, procurement, construction and commissioning (EPCC) framework agreement with a North Sea operator.
Projects under the agreement will be supported by Petrofac’s Aberdeen office, where the company is actively growing its engineering team.
Additionally, Petrofac has extended two other North Sea contracts, made up of a two-year renewal of an existing seven-asset operations and maintenance contract, and the extension of an existing engineering services contract with Chevron North Sea to June 2020.
The company also announced a new contract with one of Malaysia’s largest fertiliser plants, with all the contracts worth a total of over $120m.
John Pearson, chief operating officer for engineering and production services at Petrofac, said: “Continued diversification into new markets, such as brownfield projects, and new geographies, such as Malaysia, are key tenets of our growth strategy. We’re also once again delighted that clients in the North Sea have exercised the option to extend our support for important Operations and Maintenance and Engineering Services contracts.”