News

Petrofac secures £5 million maintenance build contract for Shah Deniz 2 project


29 July 2014

Petrofac has secured a contract with the BP-operated prestigious Shah Deniz 2 project to provide their maintenance build capabilities. The contract, valued at around £5 million, covers new onshore, offshore and pipeline assets in the Azerbaijan sector of the Caspian Sea for what is one of the largest gas developments in the world. .....

Categories:   CIS  

Petrofac awarded US$700 million gathering centre project in Kuwait


10 July 2014

Petrofac has received an award notification for Kuwait Oil Company’s (KOC) gathering centre 29 (GC29) which is located approximately 70 km north of Kuwait City in the north of the country. .....

Categories:   MIDDLE EAST   KUWAIT  

Petrofac Training Services Collaborates with ESI International to Establish Petrofac Project Management Academy


03 July 2014

Petrofac Training Services and ESI International announced a collaboration to establish the Petrofac Project Management Academy (PPMA), which aims to provide high quality training with a project management focus to help achieve high productivity and skill enhancement to oil and gas organisations across the Asia-Pacific region......

Categories:   ASIA PACIFIC   MALAYSIA   SINGAPORE   INDONESIA   THAILAND  

Petrofac and First Reserve sign energy infrastructure agreement for US$1.25 billion


26 June 2014

Petrofac has entered into a Framework Agreement with First Reserve, the global energy-focused infrastructure investment firm, to create PetroFirst Infrastructure Partners. The new venture intends to deploy capital both in purchasing a number of existing assets from Petrofac’s IES division as well as in new energy infrastructure projects that utilise Petrofac’s development capability......

Categories:   AMERICAS   EUROPE   MIDDLE EAST   ASIA PACIFIC   INDIA   AFRICA   CIS  

Trading Update


24 June 2014

Petrofac issues the following pre-close trading update ahead of the announcement of its interim results for the six months ending 30 June 2014 on 26 August 2014......

Categories:   AMERICAS   EUROPE   MIDDLE EAST   ASIA PACIFIC   INDIA   AFRICA   CIS  

American Petroleum Institute offers e-learning programs from Oilennium


17 June 2014

Oilennium™ Ltd., a Petrofac Training Services (PTS) company that provides eLearning training services to the oil and gas industry, has been selected to supply a range of online eLearning modules to the American Petroleum Institute (API) for its training portal API University (API-U). .....

Categories:   AMERICAS   HOUSTON  

Petrofac secures new EnQuest operations and maintenance contract


28 May 2014

Petrofac is set to continue to support EnQuest’s North Sea assets, after securing an operations and maintenance contract for up to ten years......

Categories:   EUROPE   ABERDEEN  

Petrofac Awarded US$970 million Reggane North Development Project


16 May 2014

Petrofac has been awarded a 36 months, of execution, contract worth more than US$970 million for the gas gathering, treatment and export facilities package (EPCCS1) of the Reggane North Development Project (Reggane) located in the Reggane basin of the Algerian Sahara desert 1,500 km south-west of Algiers......

Categories:   AFRICA   ALGERIA  

Interim Management Statement


09 May 2014

Good operational performance from ECOM with strong progress across the EPC portfolio Strong ECOM order intake of US$4.4 billion in the first quarter, taking Group backlog to record levels of US$18.6 billion at 31 March 2014 (31 December 2013: US$15.0 billion), augmented by US$1 billion of order intake, including the BorWin 3 award in April.....

Categories:   AMERICAS   EUROPE   MIDDLE EAST   ASIA PACIFIC   INDIA   AFRICA   CIS  

Petrofac and Raytheon debut new tropical helicopter underwater escape training at Offshore Technology Conference


06 May 2014

Petrofac Training Services and Raytheon Professional Services LLC today announce a first-of-its-kind offering under their jointly owned Hi-Con Training programme. The new Tropical Helicopter Underwater Escape Training (THUET) course is being launched at the Offshore Technology Conference (OTC) in Houston, May 5-8, 2014......

Categories:   AMERICAS   HOUSTON   MEXICO  
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