Petrofac, the international oil & gas facilities service provider, has confirmed that its Offshore Engineering & Operations business has secured a new contract with Britannia Operator Limited (BOL). The deal, worth $54 million over five years with a further five year extension option, will see Petrofac continue to provide operations and maintenance support services for Britannia’s ongoing operations in the central North Sea.

Petrofac has been working with Britannia, a 50:50 Joint Venture between Chevron and ConocoPhillips, since 1998 and it was the group’s flexible approach and strong operational performance that led to the contract being secured following a competitive tender at the end of 2009.