Petrofac


All posts for Petrofac

Petrofac Consortium Wins Thailand Refinery Project

Petrofac, the international oil and gas services provider, leading a consortium with Saipem S.p.A. (Saipem) and Samsung Engineering Co Ltd (Samsung), has received an award notification for Thai Oil Public Company Limited's (Thai Oil) Clean Fuels Project on the East coast of Thailand. The overal ...

OilVoice Press - OilVoice


Posted 30 days agoPress > PetrofacThailandRefinery +3

Petrofac: Completion of Sale of 49% of Mexico Operations

Petrofac has completed the sale of 49% of the Company's operations in Mexico to Perenco (Oil & Gas) International Limited (“Perenco”), following approval from the Federal Competition Commission of Mexico (COFECE). Under the terms of the sale, announced on 30 July 2018, Petrofac has been paid an in ...

OilVoice Press - OilVoice


Posted 1 month agoPress > PetrofacDivestmentMexico +2

Petrofac Secures US$50 Million Contract Extension in Iraq

Petrofac's Engineering & Production Services (EPS) East business has secured a four-year renewal of a contract for maintenance management services for an international oil company client in Iraq. Under the agreement, which is worth approximately US$50 million, Petrofac will continue to provide spe ...

OilVoice Press - OilVoice


Posted 1 month agoPress > PetrofacContractIraq +1

Petrofac Secures North Sea Contract Extension With Chevron

Petrofac's Engineering and Production Services (EPS) division has secured a 12-month engineering services contract extension from Chevron North Sea Limited (Chevron). The agreement, which has been held by Petrofac since 2014, commenced on 30 September. In line with the contract scope, Petrofac wi ...

OilVoice Press - OilVoice


Posted 1 month agoPress > PetrofacNorth SeaChevron +1

Petrofac - Interim Dividend Exchange Rate

Petrofac Limited hereby confirms that further to the announcement made on Wednesday, 29 August 2018 of an interim dividend of 12.70 US cents per ordinary share payable on Friday, 19 October 2018 to shareholders on the register of members at the close of business on Friday, 21 September 2018, the e ...

OilVoice Press - OilVoice


Posted 1 month agoPress > DividendInterim DividendPetrofac

Petrofac Secures Series of Well Engineering Contracts

Petrofac has strengthened its global Well Engineering contracts portfolio following a series of award wins worth a combined value of around US$20 million. Petrofac secured an exclusive five-year Well Operator Services contract from independent Exploration & Production company, Tailwind Energy Ltd ...

OilVoice Press - OilVoice


Posted 2 months agoPress > PetrofacContractwell +2

Petrofac Awarded US$600 Million Project in Algeria

Petrofac has received a provisional letter of award for an engineering, procurement and construction (EPC) contract worth US$600 million with Sonatrach for EPC1 of the Tinhert Field Development Project in Algeria. Formal contract signing is expected to take place in September 2018. Located in Ohan ...

OilVoice Press - OilVoice


Posted 2 months agoPress > PetrofacAlgeriaEPC +1

Petrofac: Results For the Six Months Ended 30 June 2018

Strong operational performance in all our businesses Business performance net profit (1)(2) up 20% to US$190 million Reported net loss (2) of US$17 million post impairments and exceptional items of US$207 million New order intake (3) of US$3.3 billion year to date; backlog (4) of US$9.7 ...

OilVoice Press - OilVoice


Posted 2 months agoPress > PetrofacResultsEarnings +3

Oil Price, Rockhopper/Premier, Petrofac, Pantheon, Bahamas Petroleum, and Finally...

WTI $67.83 -3c, Brent $74.73 -5c, Diff -$6.90 -2c, NG $2.96 +1c Oil Price With this morning's 50+cent rally oil will end up having quite a good week, it needed to as a combination of world events have kept the lid on prices up til now. The interesting thing is whether the rise has been at ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 months agoOpinion > MalcyMalcy'sMalcy's Blog +7

Ithaca Energy GSA Acquisitions

Ithaca Energy Limited (IAECN: ISINs US465676AA22 / USC48677AA34) (the “Company”) announces it has entered into agreements to acquire all the Greater Stella Area (“GSA”) licences and associated infrastructure interests of Dyas UK Limited (“Dyas”) and Petrofac Limited (“Petrofac”). The acquisition ma ...

OilVoice Press - OilVoice


Posted 2 months agoPress > Ithaca EnergyDyas UKPetrofac +4

Petrofac Agrees to Sell Interest in Greater Stella Area Development

Petrofac Limited (“Petrofac” or “the Company”) announces that it has today signed an agreement to sell Petrofac GSA Holdings Limited (1) to Ithaca Energy (UK) Limited (“Ithaca”) for a total consideration of up to US$292 million. Petrofac GSA Holdings Limited owns Petrofac's 20% interest in the Gre ...

OilVoice Press - OilVoice


Posted 2 months agoPress > PetrofacGreater Stella AreaGSA Holdings +2

Petrofac Appoints Chief Digital Officer

Petrofac has appointed Fady Sleiman Chief Digital Officer as the oilfield services company continues its digital transformation. Fady joins from MENA investment company Waha Capital, where he was Chief Information Officer/Group Head of IT for the Abu Dhabi based company from 2014. Prior to that ...

OilVoice Press - OilVoice


Posted 3 months agoPress > PetrofacAppointmentChief Digital Officer

Petrofac Awarded Basra Oil Company EPC Contract

Petrofac has been awarded a contract worth around US$370 million by Basra Oil Company (BOC) for expansion of the Central Processing Facility (CPF), located in the Majnoon Field, Southern Iraq. Under the terms of the 34-month contract, the lump-sum engineering, procurement and construction (EP ...

OilVoice Press - OilVoice


Posted 3 months agoPress > PetrofacContractBasra Oil Company +6

Petrofac Secures New Banking Facilities

Petrofac Limited ("Petrofac" or "the Company") announces that it has secured US$300 million of new bank facilities with existing relationship banks. These new committed facilities, which will mature in 2020, provide additional liquidity and will reduce utilisation of the Company's existing revolving ...

OilVoice Press - OilVoice


Posted 3 months agoPress > PetrofacBanking

Petrofac Awarded Additional Scope of Work With Tatweer Petroleum

Petrofac's Engineering & Production Services East business is pleased to announce that it has been awarded a multi-million dollar additional scope of work in Bahrain from Tatweer Petroleum, following its successful installation of a 500 MMSCFD Gas Dehydration Facility for the client. Under the ter ...

OilVoice Press - OilVoice


Posted 3 months agoPress > PetrofacTatweer PetroleumBahrain +1