Petrofac


All posts for Petrofac

Petrofac Sells JSD6000 project to ZPMC

Petrofac Limited (“Petrofac” or “the Company”) announces that Petrofac International (UAE) LLC has signed an agreement to sell the JSD6000 project to Shanghai Zhenhua Heavy Industries Co Ltd (ZPMC). The transaction comprises the sale of all JSD6000 related assets held by Petrofac, including the ow ...

OilVoice Press - OilVoice


Posted 1 day agoPress > uaePetrofacZPMC +2

Petrofac Secures Further India EPC Award

Petrofac has received a letter of award from Vedanta Limited for its Raageshwari Deep Gas Field Development Project located in Barmer, Rajasthan, India. The lump-sum engineering, procurement and construction (EPC) project, valued at approximately US$233 million, is for integrated gas surface facil ...

OilVoice Press - OilVoice


Posted 22 days agoPress > PetrofacIndiaEPC +3

Petrofac Secures Contract With Petroleum Development Oman

Petrofac has been awarded a contract worth US$265million for the development of the Marmul Polymer Phase 3 (MPP3) Project in southern Oman. This is the first award to be secured under a 10-year Framework Agreement with Petroleum Development Oman (PDO) signed in 2017, which enables Petrofac to provi ...

OilVoice Press - OilVoice


Posted 26 days agoPress > Middle EastomanContract +4

Petrofac Expands Activity in India With Second EPC Contract in 2018

Petrofac has been awarded a contract by Hindustan Petroleum Corporation Limited (HPCL) for its Sulphur Recovery Unit (SRU) Block Package for the Visakh Refinery Modernisation Project (VRMP), Visakhapatnam, Andhra Pradesh, India. The lump-sum engineering, procurement and construction (EPC) project, ...

OilVoice Press - OilVoice


Posted 1 month agoPress > IndiaContractPetrofac +5

Petrofac Awarded India EPC Contract

Petrofac has been awarded a lump-sum Engineering, Procurement and Construction (EPC) contract by Bharat Petroleum Corporation Limited (BPCL) valued at approximately US$ 135 million. Located at BPCL's Kochi Refinery, Kerala, India, the scope of work encompasses engineering, procurement, constructio ...

OilVoice Press - OilVoice


Posted 1 month agoPress > PetrofacIndiaEPC +4

Petrofac Secures Key North Sea Contract

Petrofac's Engineering and Production Services (EPS) division has been awarded a new Offshore Manning Services contract by Chevron North Sea Limited (Chevron). The three-year award, which came into effect last week, will involve the provision of Operations, Maintenance and Construction personnel a ...

OilVoice Press - OilVoice


Posted 3 months agoPress > PetrofacChevronChevron North Sea +5

Petrofac Completes Migration of Santuario Contract in Mexico

Petrofac announces that it has completed the migration of the Santuario Production Enhancement Contract (PEC) 1 into an interest in a Production Sharing Contract (PSC) 2 . Effective from 18 December 2017, Petrofac will own a 36% equity interest in the PSC, with PEMEX Exploration & Production Mexi ...

OilVoice Press - OilVoice


Posted 4 months agoPress > PetrofacContractMexico +2

Petrofac Secures US$160 Million Award From Basra Oil Company

Petrofac's Engineering & Production Services (EPS) division has secured an award worth US$160 million from Basra Oil Company (BOC), previously known as South Oil Company, for its Iraq Crude Oil Export Expansion Project (ICOEEP).  The new two-year extension reflects Petrofac's continued delivery foc ...

OilVoice Press - OilVoice


Posted 4 months agoPress > PetrofacBOCBasra Oil Company +4

Petrofac Announces Board Changes

Petrofac Ltd (“Petrofac” or “the Company”) today announces that its Chairman Rijnhard van Tets has notified the Board of his intention to step down from the Board at the May 2018 Annual General Meeting after an 11-year tenure. He will be succeeded upon his departure by current Senior Independent Di ...

OilVoice Press - OilVoice


Posted 4 months agoPress > PetrofacChairmanAGM

Petrofac Awarded Iraq PMC From PetroChina

Petrofac has been awarded a contract, valued at around US$30 million, to undertake Project Management Consultancy (PMC) services for the Halfaya Contract Area (Halfaya) in southern Iraq. Working in support of PetroChina International Iraq FZE (PetroChina), as the lead operator of Halfaya, Petrofac ...

OilVoice Press - OilVoice


Posted 6 months agoPress > PetrofacIraqPetroChina +3

Oil price, JOG, President, Columbus, Petrofac, Wood Group And finally…

  Oil price Oil prices faded at the end of last week for no great reason, TS Nate worried traders who thought that it would take out refining capacity but in the end whilst it was all gong and very little dinner by recent standards. The fundamental news is much more positive, the Putin/Salman t ...

Malcolm Graham-Wood - Malcy's Blog


Posted 6 months agoOpinion > AminexAmerisur Resourcesoil price +15

Petrofac Secures North Sea Contract Extension

Petrofac has secured a contract extension from Chevron North Sea Limited (Chevron) for the provision of engineering services; an agreement it has held since 2014.  The 12-month agreement, which comes into effect this month, will involve the continued provision of engineering support to Chevron's k ...

OilVoice Press - OilVoice


Posted 6 months agoPress > PetrofacNorth SeaOffshore +2

Oil price, Faroe Petroleum, Echo Energy, Tullow Oil, Range Resources, Petrofac, And finally…

Oil price New best friends Russia and Saudi Arabia are underpinning the market, to a degree although longevity is always uncertain. The KSA after having surprisingly ‘unadhered' to its own quota in May has now accepted its punishment and will cut back more in August and September. The Russians are ...

Malcolm Graham-Wood - Malcy's Blog


Posted 8 months agoOpinion > Malcy's BlogFaroe PetroleumEcho Energy +3

Oil price, Victoria Oil & Gas, Providence, Tullow, President, Sundry-Petrofac-Echo-Ascent-Northern/Cabot-InfraStrata- And finally...

Oil price Another up day for crude, whatever next? Well actually a down day probably as the API stats which came out after the closing bell were rather disappointing showing a build of 851/- barrels when the scribblers had forecast a draw of 2.6m barrels. Gasoline built too, by 1.4m barrels so tod ...

Malcolm Graham-Wood - Malcy's Blog


Posted 9 months agoOpinion > Malcy's BlogVictoria Oil & GasProvidence Resources +8

Oil price, Faroe, Wentworth, Sundry-Petrofac-Echo-SOCO-Touchstone-Chariot-Sirius- And finally...

Oil price A quiet day in the markets according to my man at the bourse, oil gained modestly as reports of the Saudi export cutbacks to the USA and Far Eastern clients via price rises and restrictions fed through to markets. As we enter the peak of summer in the Gulf, with its highest domestic use ...

Malcolm Graham-Wood - Malcy's Blog


Posted 10 months agoOpinion > Malcy's BlogFaroe PetroleumWentworth Resources +6