View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
February 8, 2022

Petrofac receives two contracts from Cairn Oil & Gas, Vedanta, in India

Petrofac’s first major operations and maintenance contracts in India carry a combined value of approximately $100m.

Oilfield services firm Petrofac has received two contracts from India’s oil and gas exploration company Cairn Oil & Gas, Vedanta.

The contracts, carrying a combined value of approximately $100m, include Petrofac’s first major operations and maintenance (O&M) work in the country.

Under one contract, Petrofac will be responsible for providing integrated O&M services to support Cairn’s upstream oil and gas facilities, including the producing Ravva field in the Krishna Godavari basin of coastal Andhra Pradesh.

The scope of the four-year contract includes full O&M work for the whole facility, including offshore platforms, subsea pipelines, and the onshore processing terminal. The contract also includes an option for it to be extended by 12 months.

Petrofac received the second contract, on a fast-track basis, to undertake a lump-sum engineering, procurement, and construction project.

This will support the provision of surface and well hook‐up facilities for the Raageshwari deep gas field in Barmer, Rajasthan.

Petrofac will be responsible for the commissioning of additional wells, and modifications and augmentations to handling and treatment facilities, including instrument control, electrical, and safety and protection systems.

This order follows a previous EPC contract, worth approximately $233m, awarded to Petrofac by Cairn in 2018, for the Raageshwari field development project.

Petrofac Asset Solutions business chief operating officer Nick Shorten said: “The award of these contracts both deepens our footprint in India and supports the geographical growth of our asset solutions business, as it leverages more than 25 years of operations and maintenance expertise in India for the first time.”

Petrofac said that the work under the two contracts will be supported by its engineering centres in Chennai and Mumbai.

Cairn Oil & Gas, Vedanta deputy CEO Prachur Sah said: “Petrofac has earned a global reputation for its engineering excellence in execution of projects for the upstream oil and gas sector.

“Cairn’s association with Petrofac furthers our long-term vision of optimisation of asset operations and achieving profitability.

“We are confident that this partnership will further strengthen our execution and operational excellence, enabling us to actualise our vision of adding 500,000 barrels of oil equivalent per day, and doubling domestic crude production capacities.”

Cairn Oil & Gas, Vedanta was created through a merger of Cairn India and Vedanta.

Last year, Petrofac received a $640m contract to support the expansion of the Mažeikiai Refinery, in Lithuania.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Offshore Technology