Petrofac


All posts for Petrofac

Petrofac Awarded Dutch Offshore Wind Contract

Petrofac has been awarded a contract by TenneT, the Dutch-German transmission grid operator, for the Hollandse Kust Zuid (HKZ) offshore grid connection and more specifically for the Alpha and optional Beta HVAC platforms (substations) in the North Sea. The Dutch government is targeting a total of ...

OilVoice Press - OilVoice


Posted 12 days agoPress > windContractNetherlands +5

Petrofac Strengthens Iraq Presence With Contracts Worth US$110 Million

Petrofac has secured a new award and a number of contract extensions, with a combined value of more than US$110 million, for construction management, engineering, commissioning and start-up services for international oil company clients in Iraq. Petrofac has been active in Iraq since 2010 and has ...

OilVoice Press - OilVoice


Posted 24 days agoPress > PetrofacIraqContract +1

Petrofac - Disposal of Chergui Asset

Petrofac announces that it has agreed the sale of its entire 45% interest in the Chergui asset in Tunisia to Perenco. This sale marks another milestone in the Group's strategy to transition back to a capital light business model by divesting non-core assets and follows the recent disposal of the J ...

OilVoice Press - OilVoice


Posted 24 days agoPress > PetrofacDisposalDivestment +3

Petrofac - Trading Update

Petrofac   issues the following pre-close trading update ahead of the announcement of its results for the six months ending 30 June 2018 on 29 August 2018. ·      Trading in line with expectations ·      New order intake of US$1.8 billion in the year to date ·      Net debt i ...

OilVoice Press - OilVoice


Posted 26 days agoPress > PetrofacTrading Updateconstruction +3

Oil Price, Petrofac, Victoria Oil & Gas, and Finally…

WTI $68.08 -50c, Brent $74.73 -82c, Diff -$6.65 -32c, NG $2.92 -2c Oil Price A slight drift yesterday as the market considered the opec and Non-Opec meetings and fretted about a potential 1m b/d of extra oil. Now let's be sure about this, any weakness in the oil price in the second half will ...

Malcolm Graham-Wood - Malcy's Blog


Posted 26 days agoOpinion > oil priceMalcyMalcy's +4

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 2 months 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 3 months 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 3 months 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 4 months 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 4 months 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 5 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 6 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 7 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 7 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 9 months agoPress > PetrofacIraqPetroChina +3