Energy Capital & Power

Petrofac Secures Multi-Million Pound Contract for FPSO off Ivory Coast

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Oilfield services provider Petrofac has secured an integrated services contract with CNR International (CNRI) on the floating production storage and offloading (FPSO) vessel Espoir Ivoirien, located offshore Ivory Coast.

The three-year, multi-million-pound contract will allow Petrofac’s Asset Solutions business to provide integrated services for the FPSO Espoir Ivoirien, which BW Offshore sold to CNRI in June 2023 for $20 million. Petrofac’s Asset Solutions business has been awarded a multi-million pound contract spanning an initial three-year period. 

Under this agreement, Petrofac will deliver integrated services for the Espoir Ivoirien Floating Production Storage and Offloading (FPSO) vessel. As part of the transition process, approximately 110 personnel, including both onshore and offshore staff currently employed by BW Offshore, will transfer to Petrofac. This transition, which follows the recent sale of the vessel to CNRI, is anticipated to be finalized by the end of July.

I’m delighted that we are continuing to grow our presence in Africa with this latest contract from CNRI. We bring our considerable global FPSO experience to the Ivory Coast, adding to our portfolio of service contracts in Africa. Petrofac is expanding across the continent, providing local jobs, developing local skills and collaborating with local partners,” says Nick Shorten, Chief Operating Officer for Petrofac’s Asset Solutions business.

The company has been involved in various projects across Africa, such as decommissioning activities for Tullow Oil in Mauritania, operations and maintenance services for Tullow Oil in Ghana, and the provision of offshore operations support for bp’s Greater Tortue Ahmeyim (GTA) Project, including an FPSO, in Mauritania and Senegal.

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Anne Laure Klein

Anne Laure Klein

Anne-Laure Klein works as a field editor for Energy Capital & Power. She graduated in Political Science with a Master's degree in International Relations and geopolitics. Before joining ECP, she worked as a Senior Account manager for International Tech and Energy companies. She is from French, Syrian and Italian descent, and fluently speaks English, French, Spanish and Italian. On a personal level, she is a seasoned traveler and has visited more than 110 countries.