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Petrofac secures second O&M contract with Cairn Oil & Gas, Vedanta

Petrofac secures second O&M contract with Cairn Oil & Gas, Vedanta

 

Petrofac, a leading provider of services to the global energy industry, has been awarded a new Operations and Maintenance (O&M) contract with Cairn Oil & Gas, Vedanta Limited, India’s largest private oil and gas exploration company.

Valued at approximately US$60 million, the 60 month contract encompasses services and expertise to support Cairn’s Mangala Processing Terminal (MPT) located in Rajasthan. The scope of work includes integrated O&M and auxiliary services.

This award follows in quick succession the February announcement that Cairn had selected Petrofac to provide integrated O&M services in support of its upstream oil and gas facilities at the Ravva Oil and Gas field in Andhra Pradesh. Petrofac also previously completed a lump-sum EPC contract, which Cairn awarded in April 2018 for its RDG Field Development Project.

Nick Shorten, Chief Operating Officer for Petrofac’s Asset Solutions business said:

“The award of another prominent O&M contract in India supports our growth ambitions in-country. The Mangala Processing Terminal helps generate significant revenue for the Indian economy, so we value the confidence that Cairn has in our organisation to deliver this latest scope of work. We look forward to supporting them locally, to help drive operational excellence at this important facility.”

Prachur Sah, Deputy Chief Executive Officer, Cairn Oil & Gas, Vedanta Ltd. said:

“Cairn’s association with Petrofac has advanced our performance in oil and gas operational excellence and execution. Petrofac’s global expertise and performance track record in the upstream oil and gas sector can be seen in our on-ground operations at the Ravva field in Andhra Pradesh. We are confident that their services and expertise to support Cairn’s Mangala Processing Terminal, India’s largest oil field, will help us enable our vision of doubling domestic production and achieving energy ‘aatma-nirbharta’ (self-reliance) for the country.”

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Published: 06-04-2022

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