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T H E M A G A Z I N E F O R T H E U K O F F S H O R E O I L A N D G A S I N D U S T R Y
PETROFAC, FAROE PETROLEUM AND
ENI HEWETT COLLABORATE TO
REDUCE LOGISTICS COSTS
Petrofac, Faroe Petroleum and Eni Hewett have established
an innovative cost-saving partnership to drive efficiencies
and commercial synergies across their UK operations in
the southern North Sea. The tripartite agreement sees
collaboration between Petrofac as the duty holder and the
respective equity owners and operators of the Hewett,
Schooner and Ketch gas fields to share logistics and
accommodation services across the facilities.
Faroe Petroleum has invested in a new variant of NHV’s
Augusta Westland 139 helicopter, enabling an increase in
passenger numbers and freight capacity. It will share usage of
the helicopter with Eni Hewett.
In exchange, offshore personnel contracted to the normally
unmanned Schooner and Ketch assets will stay nearby on
the Eni Hewett complex rather than returning to shore each
day, cutting down travel time and ensuring cost efficient
mobilisation of personnel. The arrangement also allows for
greater flexibility when deploying personnel, as Petrofac can
mobilise its workforce, as required, across both operations.
This approach will see the partnership deliver
significant cost reductions and effectively
manage resource mobilisation through a collaborative and
open commercial arrangement.
Walter Thain, managing director, Petrofac Offshore
Projects and Operations, says: “To deliver the greatest value
for our customers, we always place a strong emphasis on
cost management. The challenges we currently face as an
industry are unprecedented and require us to constantly
think differently and be innovative in the approach we take
commercially to operations and engaging our supply chain.
“Reducing the cost of operations on the UK Continental
Shelf is a collective industry responsibility and we are
absolutely committed to playing our part. By delivering cost
reductions and synergies safely, we benefit our customers
and support a broader step change in the culture of the UK
oil and gas industry.”
Graham Stewart, chief executive of Faroe Petroleum,
adds: “Since taking over operatorship of Schooner and
Ketch last year, we have focused on a number of measures
across the supply chain designed to improve operational
efficiency without compromising safety, which we feel
is especially relevant in this new era of low commodity
prices. This arrangement is one such innovative measure,
which entails the sharing of key services that will
materially reduce offshore operating expenditure and
improve operational efficiency.”
Efficiency spotlights
An Efficiency Spotlights section on the Oil & Gas UK website showcases case studies
from companies that are addressing costs by working smarter.
Wireline
presents just
some of the good ideas being put into practice and delivering value.