Repsol Sinopec Resources UK has formed a partnership with energy service providers TechnipFMC and Petrofac with the aim of maximising the recovery of oil and gas from the UK Continental Shelf (UKCS).
The partnership will offer the owners of oil and gas discoveries near Repsol Sinopec's existing North Sea infrastructure hubs an integrated, technically robust, and commercially flexible solution to meet their near to mid-term development objectives.
Under the terms of the partnership, TechnipFMC will deploy its proprietary front-end engineering and design solution and its integrated EPCI subsea business model whilst Petrofac will provide all topsides engineering and operations support. Repsol Sinopec will provide access to its facilities under the industry-led infrastructure code of practice.