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Petrofac to Provide Integrated Services to Petrogas NEO UK

Gasoil News - Published on Thu, 16 Jan 2020

Image Source: Petrofac Petrogas NEO UK
Petrofac has been selected by Petrogas NEO UK, a jointly owned company created by Petrogas E&P UK, and NEO Energy, a portfolio company of private equity fund HitecVision, to establish its new North Sea operation following its recently announced asset acquisition.

In a two-year deal valued in the region of US$50million, Petrofac will integrate the services of its Operations, Projects and Well Engineering service lines. As well as assisting in the transition of operations on the Quad 15 & Flyndre area assets, Petrofac will also provide ongoing operational, maintenance, engineering and construction support; and deliver well engineering and project management support services for Petrogas NEO UK’s activities.

Source :

Posted By : Yogender Pancholi on Thu, 16 Jan 2020
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