PETROFAC EXTENDS RELATIONSHIP WITH MUBADALA PETROLEUM IN THAILAND

摘要

Petrofac has extended its relationship with Mubadala Petroleum with the award of new and modified contracts relating to the FPF-003 floating production, storage and offloading vessel located in the Jasmine/Ban Yen field in the Gulf of Thailand. The parties have signed a new 'life of field' agreement for the provision of operations and maintenance (O&M) services which has the potential to run until 2023. Under the contract terms. Petrofac will deliver an optimised scope designed to reduce Jasmine's operating costs and to create operational efficiencies which will underpin the viability of the mature field development.