Dana Petroleum awards PD & MS-FPSO engineering contract

Up to 80 jobs are to be created in Aberdeen after the engineering and construction company PD&MS has landed a “significant” North Sea contract.

The company will be undertaking a series of engineering modifications and offshore construction work on Dana Petroleum’s Triton and Western Isles FPSO facilities.

The contract has an initial term of three years and an extension option to five years.

It is part of Dana Petroleum’s strategy to add long-term value by consolidating contractors in the modification space.

Liam O’Neil, PD&MS Chief Operating Officer, said, “This contract with Dana Petroleum underpins our leading market position. We look forward to working in partnership with the Dana team to achieve maximum efficiency by providing safe, predictable and sustainable solutions.

“We have an extensive track record of delivering the right size, innovative modification projects across the asset lifecycle and the combination with our in-depth expertise and experience in decarbonization means we are very well positioned to deliver lower carbon, lower cost modifications to Dana to deliver. “Contract period.”

No direct value has been given for the contract, but it is part of a series by Dana Petroleum aimed at “providing clarity and commitment” to the supply chain.

Taken together, they amount to £ 71 million and represent the Korean company’s “commitment to the local economy”.

Eiko van Dalen, Chief Operating Officer at Dana Petroleum, said: “We are very pleased to award this contract to PD&MS. It offers the opportunity to build a new partnership together. Our goal is to provide clarity and commitment to our supply chain partners through a series of three-year contracts that include all options for renewal. Taken together, they represent a £ 71 million commitment to the local economy over the next three years. “

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Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/18112021/dana-petroleum-awards-pdms-fpso-engineering-contract/

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