Media releases

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  • 30 December 2010
    Petrofac Awarded US$280 Million Offshore Contract by Petronas in Malaysia
    Petrofac, the international oil & gas facilities service provider, has been awarded a contract by Petronas Carigali Sdn Bhd for the development of the SEPAT offshore early production system on the East coast of Peninsular Malaysia. The contract, which is valued at approximately US$280 million, was awarded following a competitive tender and first oil is expected before the end of 2011.
  • 22 December 2010
    Petrofac to Commence US$3.4 Billion Second Phase of Turkmenistan Contract
    Petrofac, the international oil & gas facilities service provider, confirms that following successful completion of the first phase of the South Yoloten project for Turkmengas, the state-owned national gas company of Turkmenistan, it has commenced work on the second phase of the project, worth US$3.4 billion.
  • 17 December 2010
    Trading update
    Petrofac, the international oil & gas facilities service provider, issues the following pre-close trading update ahead of the announcement of its audited results for the year ending 31 December 2010, expected to be on 7 March 2011.
  • 06 December 2010
    Petrofac Acquires Interest in UK Gas Storage Company
    Petrofac, the international oil & gas facilities service provider, announces that it has acquired a 20% interest in Gateway Storage Company Limited (Gateway), to progress and develop the Gateway Gas Storage project in the East Irish Sea. The cash consideration could be up to £33 million over time, funded from cash resources. This is split into a fixed upfront payment and additional contingent payments subject to key project development milestones being achieved, including the outcome of a further successful equity sales process.
  • 05 December 2010
    Petrofac Emirates Achieves Independent Certification to ISO 9001
    Petrofac, the international oil & gas services provider announces that its Joint Venture company, Petrofac Emirates LLC, has achieved independent certification to international quality standard ISO 9001. The standard is for engineering, procurement and construction together with associated activities for oil & gas processing facilities, petrochemical, industrial, power and desalination plants, oil refineries, smelters and related utilities.
  • 25 November 2010
    Strategic Alliance with Seven Energy
    Petrofac, the international oil & gas facilities service provider, has entered into a strategic alliance with Seven Energy International Limited (‘Seven Energy’), a leading Nigerian production and development company.
  • 18 November 2010
    SPD Completes Multi-Well, Multi-Customer Management Programme in UK North Sea
    SPD, part of Petrofac Production Solutions, has successfully completed a four-well £73 million programme in the UK Continental Shelf (UKCS) Northern and Central North Sea utilising Diamond Offshore’s semi-submersible rig, the Ocean Nomad.
  • 12 November 2010
    Petrofac Awarded £40 Million North Sea Engineering Services Contract by Maersk Oil
    Petrofac, the international oil & gas facilities service provider, has been awarded a contract worth £40 million over three years for the provision of engineering services to the UK Continental Shelf assets of Maersk Oil North Sea UK Ltd (Maersk Oil). Work will begin immediately on the contract, which was awarded following a competitive tender and includes three one-year options for extension.
  • 01 November 2010
    Petrofac First to Attain Approval for New OPITO Major Emergency Management Course
    Petrofac, the international oil & gas facilities service provider, has become the first provider in the world to gain approval for the new OPITO approved Major Emergency Management Initial Response Course, through its Training Services business.
  • 27 October 2010
    Petrofac Awarded Gas Plant Contract with Total
    Petrofac, the international oil & gas facilities service provider, has been awarded a contract worth in excess of £500 million by Total E&P UK Limited (Total) for the development of a gas processing plant on the Shetland Islands. Work is scheduled to begin in October 2010, with first gas expected from the project in Q2 2014.
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