Petrofac Gets 3 Year Cygnus Extension from Neptune Energy
Petrofac has been awarded a three-year contract extension from Neptune Energy valued in the region of USD 14 million. The renewal, which comes into effect on 1 January 2022, includes provision of operations and maintenance services for Neptune Energy’s Cygnus Alpha platform in the Southern North Sea. The contract incorporates options to extend its term.
Petrofac began working on the pre-operational phase of Cygnus, the largest gas field discovery in the Southern North Sea for 30 years, in 2011. Today, in addition to its operations and maintenance services contract, Petrofac provides engineering services and emergency response support to Neptune Energy.