News

Petrofac Support for Continued Investment

29 October, 2008

During a panel debate at the Oil & Money conference in London on Tuesday 28 October, Ayman Asfari, group chief executive, Petrofac, reinforced the need for continued investment in offshore asset integrity despite the current short-term oil price volatility.

Following the conference he said: “The oil & gas industry has a record of increasing investment in asset integrity and several billion pounds have been spent in the last few years in order to secure facilities in the North Sea. The debate at yesterday’s conference provided a good opportunity to re-inforce the importance of this investment continuing, despite current economic uncertainty.

“Asset integrity is an issue that the entire industry takes seriously; Petrofac, along with other operators, remains totally committed to the future of the North Sea through the safe operation and maintenance of assets.”

 

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