Under the three-year contract signed with Husky Oil China (HOCL), Petrofac will provide engineering services for the HOCL’s Liuhua 29-1 development project located offshore at the Pearl River Mouth Basin, South China Sea, approximately 300km southeast of Hong Kong.
The contract scope includes the provision of specialist personnel to support the project through execution and pre-commissioning, as well as to subsequently support operations during commissioning and start-up.
Petrofac will also be responsible for subsea equipment supply, umbilicals and flexibles supply; and overall engineering, procurement, construction and installation (EPCI).
Throughout the execution of the project, the firm’s team will be co-located with Husky’s project team in Shekou, China as well as in the main contractors’ offices.
Petrofac EPS East managing director Mani Rajapathy said: “We are delighted to have been selected to support Husky Oil China Ltd with their operations offshore and the development of the Liuhua 29-1 project.
“This builds on our other recent project management contract awards and represents the continued growth of our portfolio track record in the Asia Pacific region. We look forward to deploying our expertise and playing a key role in the safe and efficient delivery of this important deep-water gas project.”
Husky has 75% stake in the Liuhua 29-1 field, which is the third deepwater field at the Liwan gas project.
The firm expects to recover approximately $247m in exploration costs on a preferred basis within the first 18 months of production. The field is scheduled to commence production in 2020.
In the fourth quarter of 2018, Husky plans to drill three wells at Liuhua 29-1, adding to the four previously drilled wells.
Production from the field will be tied directly into the existing Liwan subsea infrastructure and the onshore Gaolan Gas Plant.
It will be delivered to buyers in the Pearl River Mouth Basin area.
