Contractors Unlimited

SPD Signs Agreement with EnQuest PLC on Don Development

Petrofac SPD, part of Petrofac Production Solutions, announces that it has been awarded a contract with EnQuest PLC to provide well project management services in support of the Don Southwest and West Don assets.

SPD will manage the operations on the Transocean semi-submersible rig John Shaw, for a minimum period of 180 days. Operations are expected to commence during May 2010 on a firm four well programme with a project value in excess of £80 million.

SPD Managing Director, Alex Macdonald, said:

"The contract award from EnQuest PLC continues to build on our extensive experience of subsea well development projects in the United Kingdom Continental Shelf (UKCS) and Northern North Sea in particular. The John Shaw becomes the second semi-submersible rig under our management following the recent commencement of the Ocean Nomad programme which spudded the Tybalt well for Valiant Petroleum on 13 April 2010. We are in discussion with a number of customers who have expressed an interest in drilling later this year and the John Shaw may offer the opportunity to add additional wells to our firm work programme."

Furthermore, to support this continued growth in its business in the UK, SPD has recruited a new consultancy business manager. Scott Bradley will support general business development throughout the UK and Africa, with a strong emphasis on expanding SPD's consultancy manpower service offering.

Posted 11/05/2010

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