The integrated energy services and production management divisions of Petrofac and Schlumberger, respectively, have signed a co-operation agreement under which they will establish a working relationship to deliver integrated and high-value production projects in the emerging and growing production services and production enhancement market. Miguel Galuccio, president of Schlumberger Production Management, said his company’s subsurface knowledge, production engineering, well construction and project management services coupled with Petrofac’s surface facility design, installation and ongoing operational field management ‘create a life-of-field approach coupled with a performance-focused commercial model to optimize asset development and overall value’. Together, he added, they will provide ‘a one-stop shop for clients in emerging field development and asset management services’.
