Petrofac Wins Cygnus Extension
Monday 5 December 2016
Petrofac has secured a contract extension worth around $70 million to provide integrated support services on Engie E&P’s Cygnus gas field off the UK.
The four-year extension to December 2021 covers enhanced construction services and production supervision, as well as the pre-operations, operations, maintenance, engineering and commissioning services being provided under the current contract, the British contractor said in a statement.
Start-up of the southern North Sea field is delayed by about a year due to hiccups with hook-up and commissioning work and is now expected by the end of this month.