Petrofac’s Engineering and Production Services business has strengthened its presence in Australasia following the award of a well project management contract from Tamarind Taranki Ltd., the company said on June 28.
The agreement involves the provision of well project management services for Tamarind’s Tui Phase 3 drilling project in New Zealand’s North Island.
In line with the contract scope, Petrofac’s well engineering team will provide detailed well design and planning, subsea support, HSE management, and logistics for the Tui oil fields, located west of Taranaki.
Tamarind acquired ownership of the Tui oil fields earlier this year. The Phase 3 drilling project is part of a wider strategy to prolong the life of the Tui field beyond 2019.
“We look forward to supporting Tamarind as it takes the first significant step in this key project. Through the deployment of our well engineering and specialist subsea capabilities, we will work closely with our new client to deliver a safe and cost efficient drilling program that maximizes value and ultimately extends field life,” Colin Finnegan, Petrofac Engineering and Production Services’ well engineering regional director, said.