Search results for: petrofac

651 results

A list of search results

  • 25 January 2021
    Business & Finance, Business developments & projects, Exploration & Production, Project & Tenders

    Offshore drilling contractor Stena Drilling has signed a new drilling contract with Petrofac for operations in the UK using the Stena Don rig.

  • 15 January 2021
    Authorities & Government, Business & Finance, Business developments & projects, Regulation & policy, Rules & Regulation

    A former executive at Petrofac has pleaded guilty to bribery offences related to contract awards to Petrofac in UAE worth about $3.3 billion.

  • 2 December 2020
    Business & Finance, Business developments & projects, Infrastructure, Innovation, IT & Software, Technology

    Oilfield services provider Petrofac has signed a three-year partnership with workflow automation software provider Intoware to develop and deploy workflow automation software specifically tailored to the oil and gas industry.

  • 3 November 2020
    Business & Finance, Business developments & projects

    Petrofac has completed the disposal of its non-core assets in Mexico to Perenco, but the two companies have also entered into a dispute.

  • 12 October 2020
    Business & Finance, Business developments & projects

    Group chief executive of oilfield services provider Petrofac has decided to retire at the end of the year.

  • 15 September 2020
    Business & Finance, Business developments & projects, Operations & Maintenance

    Oil and gas company Ithaca Energy has signed a five-year integrated services contract with oilfield services provider Petrofac.

  • 11 August 2020
    Business developments & projects, Human Capital, Outlook & strategy, Vision

    Oilfield services provider Petrofac has made a commitment to reach net-zero in Scope 1 and 2 emissions by 2030. The company has also set diversity targets.

  • 10 August 2020
    Business & Finance, Business developments & projects

    Petrofac, in a joint venture (JV) with SOCAR, has secured a contract to provide BP Azerbaijan with international payroll and personnel support services.

  • 29 July 2020
    Business & Finance, Business developments & projects, IT & Software, Operations & Maintenance

    Oilfield services provider Petrofac has been awarded a two-year contract with NEO Energy, which doubled Petrofac’s UK portfolio.

  • 9 July 2020
    Business & Finance, Business developments & projects, Equipment, Infrastructure, Project & Tenders

    Petrofac has secured an engineering, procurement, construction, pre-commissioning, and commissioning contract in Kazakhstan worth approximately $135 million.

  • 24 June 2020
    Project & Tenders

    Linxon, a joint venture between ABB and SNC-Lavalin, has won a contract to support Petrofac in delivering the substations for the Seagreen offshore wind project in Scotland. Linxon is supporting Petrofac, the EPCI contractor for the wind farm’s substations, to deliver the turnkey onshore substation, and supply, install and commission the HVAC equipment for the […]

  • 10 June 2020
    Authorities & Government, Business & Finance, Business developments & projects, Project & Tenders, Technology, Transition

    Petrofac has been awarded an engineering and project management office support contract for the Acorn project.

  • 1 June 2020
    Business & Finance, Business developments & projects, Exploration & Production

    Petrofac has secured a well management contract for Phase 1 of Independent Oil and Gas’ (IOG) Core Project located off the UK.

  • 28 May 2020
    Business & Finance, Business developments & projects, Operations & Maintenance, Project & Tenders

    Oilfield services provider Petrofac has secured a further six-month contract extension with the Basra Oil Company (BOC) for its long-standing Iraq Crude Oil Export Expansion Project (ICOEEP).

  • 27 May 2020
    Business & Finance, Business developments & projects, Exploration & Production, Operations & Maintenance

    Petrofac’s Engineering & Production Services business has begun the activity on its previously awarded well decommissioning contract for the Rubie and Renee fields located off the UK.

  • 15 May 2020
    Business & Finance, Business developments & projects, Operations & Maintenance

    In order to mitigate the effects of coronavirus crisis and low oil prices, oilfield services provider Petrofac is taking further action to reduce costs and preserve balance sheet.

  • 12 May 2020
    Business & Finance, Business developments & projects, Operations & Maintenance, Project & Tenders

    Oilfield services provider Petrofac has won a three-year extension to its existing maintenance contract with oil major BP.

  • 6 May 2020
    Business & Finance, Business developments & projects

    Oilfield services provider Petrofac has secured contract renewals in the UK totalling $100 million.

  • 4 May 2020
    Business & Finance, Business developments & projects, Exploration & Production

    Petrofac has postponed the beginning of the plug & abandonment program on Rubie and Renee fields in the UK North Sea. As a result, Awilco Drilling’s rig has been put on standby.

  • 23 April 2020
    Business & Finance, Business developments & projects

    Petrofac is preparing to extend its provision of operations and maintenance services to Repsol Sinopec Resources UK following an enhancement to its existing contract.

  • 16 April 2020
    Business & Finance, Business developments & projects, Project & Tenders

    Oilfield services provider Petrofac has received a contract termination from ADNOC for the Dalma gas development project in the United Arab Emirates.

  • 6 April 2020
    Business & Finance, Business developments & projects, Human Capital, Outlook & strategy

    Petrofac is joining other providers in actions responding to the unprecedented market conditions. As a result, Petrofac will reduce its capex by 40%, reduce salaries across the company, and reduce its personnel by about 20%.

  • 10 March 2020
    Business & Finance, Exploration & Production

    Awilco has signed a contract with Petrofac for the provision of WilPhoenix rig in support of a three-well plug & abandonment program.

  • 18 February 2020
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Petrofac has won two contracts, worth approximately $1.65 billion, with Abu Dhabi National Oil Company (ADNOC) in the United Arab Emirates for Dalma Gas Development Project. The work scope encompasses offshore packages at Arzanah island and surrounding offshore fields, located around 140 kilometers off the north-west coast of the Emirate of Abu Dhabi. The first […]

  • 18 February 2020
    Business & Finance

    Petrofac Emirates has been awarded two contracts, together worth around $1.65 billion with Abu Dhabi National Oil Company (ADNOC) in the United Arab Emirates.