3 June 2020
PETROFAC CONFIRMS SEAGREEN WIND FARM SUBSTATIONS CONTRACT AWARD
Following the commencement of early works and completion of final investment decision, Petrofac has today confirmed a contract with Seagreen Wind Energy Ltd to design, supply and install the High Voltage Alternating Current (HVAC) onshore and offshore substations for the Seagreen offshore wind farm project.
The wind farm, being developed by SSE Renewables, will be located 27 kilometres off the coast of Angus and once commissioned will be the largest in Scotland, providing around 1 million homes with low carbon energy. The full scope includes, on a lump-sum basis, the engineering, procurement, fabrication, transportation, installation and commissioning of the offshore substation platform, including the topside, jacket and piles. The onshore substation EPC scope includes all civil works and major equipment.
Elie Lahoud, Petrofac's Group Managing Director - Engineering & Construction, commented: "With the initial stages of the work underway and progressing well, we are delighted to have now confirmed this contract award following completion of final investment decision. This important project will be Scotland's largest offshore wind farm and supports our continued diversification into renewable energy. We look forward to working with all parties in continuing to deliver safely and efficiently, in line with the expectations of Seagreen Wind Energy."
Petrofac has a strong track record in offshore wind, specialising to date in the engineering, procurement, construction, installation and commissioning of HVDC and HVAC offshore and onshore substations for major international wind farms. Recent projects include the BorWin3 offshore grid connection project in the German North Sea, the Hollandse Kust Zuid (HKZ) Alpha and Beta platforms in the Dutch North Sea and a turnkey power system for the Galloper offshore wind farm off the coast of Suffolk.
For further information contact:
+44 (0) 207 811 4900
Jonathan Yarr, Head of Investor Relations
Aaron Clark, Investor Relations & Communications Manager
Alison Flynn, Group Head of Communications
Tulchan Communications Group
+44 (0) 207 353 4200
NOTES TO EDITORS
Petrofac is a leading international service provider to the energy industry, with a diverse client portfolio including many of the world's leading energy companies.
Petrofac designs, builds, manages and maintains oil, gas, refining, petrochemicals and renewable energy infrastructure. Our purpose is to enable our clients to meet the world's evolving energy needs. Our six values - safe; ethical; innovative; responsive; quality & cost conscious; driven to deliver - are at the heart of everything we do.
Petrofac's core markets are in the Middle East and North Africa (MENA) region and the UK North Sea, where we have built a long and successful track record of safe, reliable and innovative execution, underpinned by a cost effective and local delivery model with a strong focus on in-country value. We operate in several other significant markets, including India, South East Asia and the United States. We have 11,500 employees based across 31 offices globally.
Petrofac is quoted on the London Stock Exchange (symbol: PFC).
For additional information, please refer to the Petrofac website at www.petrofac.com