Petrofac


All posts for Petrofac

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 1 month 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 2 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 2 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 4 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 5 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 5 months agoOpinion > Malcy's BlogFaroe PetroleumWentworth Resources +6

Oil price, Lamprell, SDX, Amerisur, Echo Energy, Sundry-IGas-Faroe-EOG-Petrofac-Touchstone- And finally…

Oil price Watching from afar it looked like that all sorts of panic was around in the oil market during and after the Opec meeting but prices are only off less than a dollar from when I left and that includes Brent expiring. From what I could read the meeting was a success but the marché suffered ...

Malcolm Graham-Wood - Malcy's Blog


Posted 6 months agoOpinion > Malcy's BlogLamprellSDX Energy +6

Oil price, Hurricane, Cairn/FAR, Sound, Tullow, Sundry-Petrofac-Cycles analysis- And finally...

Oil price Another up day yesterday as the market's eyes turned to the EIA inventory stats following the rather disappointing API numbers the night before. Whilst the draw of 1.8m barrels was short of the 2.5m whisper it was enough to keep the bears at a distance. It will be worth watching the net ...

Malcolm Graham-Wood - Malcy's Blog


Posted 6 months agoOpinion > Malcy's BlogHurricane EnergyCairn Energy +4

Oil price, Sound Energy, FAR Limited, Sundry-Bowleven-Genel-Petrofac- And finally…

Oil price More drift yesterday as oil markets found the assorted communiques from the Kuwait meeting confusing which was probably the idea from the start. Russia is talking the talk but is yet to fully deliver and as we approach monthly confession time oil may have a bumpy ride. If all is well the ...

Malcolm Graham-Wood - Malcy's Blog


Posted 8 months agoOpinion > Malcy's BlogSound EnergyFAR +3

Oil price, Far/WPL, Gulf Keystone, Sundry-Petrofac-Sirius Petroleum- And finally...

Oil price Yesterday the oil price went down, Petro something or other counted some tankers and said that within Opec, and from Russia, oil exports were ‘on the rise'. I'm not sure that they are but who knows? After the close the API reported inventory stats which cheered the market as they actuall ...

Malcolm Graham-Wood - Malcy's Blog


Posted 9 months agoOpinion > Malcy's BlogGulf KeystonePetrofac +3

Oil price, Amerisur, Petrofac, Sundry-Plexus-Genel-Aminex-Sound Energy-Chariot-Trinity- And finally…

Oil price The oil price was steady enough last week, a pretty good performance under all circumstances. It battled with a strong dollar probably likely to be made stronger, as the NFP numbers were low field but wage growth indicated some heat in the US economy that will likely be treated by rate r ...

Malcolm Graham-Wood - Malcy's Blog


Posted 11 months agoOpinion > Malcy's BlogAmerisur ResourcesPetrofac +5

Oil price, Shell, Petrofac, Sound Energy, And finally...

Oil price Traders told me yesterday that the market was looking to have a correction so when the EIA inventory stats came out, although initially pleasing, they found some dirt. That was in the fact that although there was a useful draw of 2.6m barrels, better than forecast and the API number it ...

Malcolm Graham-Wood - Malcy's Blog


Posted 11 months agoOpinion > Malcy's BlogShellSound Energy +1

Petrofac secures US$75 million contract with South Oil Company

Petrofac has secured a contract worth US$75 million from South Oil Company (SOC) for its Iraq Crude Oil Export Expansion Project (ICOEEP). The one-year contract, with a one-year option, was awarded following a competitive tender and Petrofac, as the incumbent, plans to build on its four-year track r ...

OilVoice Press - OilVoice


Posted 11 months agoPress > South Oil CompanyPetrofacICOEEP +1

Petrofac’s integrated approach secures North Sea contract extension

Petrofac is set to build on its provision of integrated support services on the Cygnus gas field following the award of a four and a half-year contract extension. The extension to December 2021 is worth in the region of US$70 million and includes the provision of enhanced construction services and ...

Katie Woodward - OilVoice


Posted 1 year agoPress > CygnusPetrofacNorth Sea +2