Petrofac Petrofac wins five-well deal for IOG&rsquo;s North Sea project

Petrofac has secured a management contract for five wells under the first phase of Independent Oil and Gas’ (IOG) Core project in the Southern North Sea. The deal covers the Southwark, Blythe and Elgood fields, with Petrofac providing planning, execution and closeout services for IOG. Drilling is set to begin in H1 2021.

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Petrofac has been awarded a five-well contract for the first phase of Independent Oil and Gas’ (IOG) “Core” project in the North Sea.

Petrofac will be well operator, covering planning execution and close-out, for the Southwark, Blythe and Elgood fields, with drilling due to begin in the first half of next year.

The value of the contract has not been disclosed. Petrofac will provide workers offshore and onshore to cover the scope.

It follows the award of the “sizeable” SURF contract for the Southern North Sea development to Subsea 7 last month.

“Core” is a development comprised of six fields in the Southern North Sea containing 410 billion cubic feet of gas, which will be transported onshore via the Thames pipeline.

The Oil and Gas Authority gave regulatory approval to the scheme last month.

Nick Shorten, managing director, Petrofac Engineering and Production Services West, said: “We are thrilled to be supporting IOG’s prestigious SNS gas development project.

“Through the deployment of our extensive asset and well management expertise, we will work closely with IOG to assure the integrity of the wells and deliver a safe and cost-efficient drilling programme to support the advancement of their development.”