Ithaca lets North Sea services contract to Petrofac

Ithaca Energy has let a 5-year integrated services contract to Petrofac Facilities Management Ltd. The contract includes the provision of engineering, construction, maintenance, and offshore manning across all of Ithaca Energy’s operated North Sea assets.

In conjunction with implementation of the contract, the company will become “duty holder” for the FPF-1 floating production facility in Block 30/6a which serves the Ithaca-operated Greater Stella area production hub.

In the UK North Sea, Ithaca has working interests in 18 offshore producing fields, including seven operated fields and 11 non-operated fields. Ithaca Energy’s net daily production in 2019 averaged 75,000 boe.