Asia Pacific News

Asia Pacific

Core operations in Malaysia, Singapore, Indonesia and Thailand

News | ASIA PACIFIC

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  

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  

Final Results for the Year Ended 31 December 2013


26 February 2014

Petrofac Limited today announces its final results for the year ended 31 December 2013.

Categories:   AMERICAS   EUROPE   MIDDLE EAST   ASIA PACIFIC   INDIA   AFRICA   CIS  

2013 Final Results – 26 February 2014


18 February 2014

Petrofac will announce its final results for the year ended 31 December 2013 on Wednesday 26 February 2014. A presentation for analysts will be held at 9.30am on Wednesday 26 February 2014, which will be webcast live via: http://cache.merchantcantos.com/webcast/webcaster/4000/7464/16532/33052/Lobby/default.htm

Categories:   AMERICAS   EUROPE   MIDDLE EAST   ASIA PACIFIC   INDIA   AFRICA   CIS  

Petrofac Extends Jasmine Venture Lease


29 January 2014

Petrofac, the international oil and gas services provider, announces that Mubadala Petroleum Thailand, has taken up an option to extend its lease of Petrofac’s Jasmine Venture floating production, storage and offloading facility (FPSO) for up to four additional years.

Categories:   ASIA PACIFIC   THAILAND  

RNZ Integrated (Petrofac-RNZ) Awarded Five Year Umbrella Contract by PETRONAS


08 January 2014

Petrofac’s Malaysian based engineering services business; RNZ Integrated (M) Sdn Bhd (Petrofac-RNZ) has been awarded a five-year umbrella design and engineering Services contract in Malaysia by PETRONAS Carigali Sdn Bhd (PETRONAS Carigali).

Categories:   ASIA PACIFIC   MALAYSIA  

Petrofac Extends Subsea Engineering and Pipeline Offer in Malaysia


28 November 2013

Petrofac is pleased to announce the launch of its newly extended KW Subsea business which will enhance the Petrofac Group’s offer in the deepwater offshore engineering services sector in the Asia-Pacific region.

Categories:   ASIA PACIFIC   MALAYSIA  

Petrofac Announces Bond Issue


04 October 2013

Petrofac announced today that it successfully priced its debut bond offering. Petrofac raised US$750 million via senior notes due 2018. The coupon was set at 3.400% per annum and will be paid semi-annually until maturity. The notes will be guaranteed by Petrofac International Ltd and Petrofac International (UAE) LLC. Petrofac will use the majority of the net proceeds from the offering to reduce the amount outstanding under its existing Revolving Credit Facility and the rest for general corporate purposes.

Categories:   EUROPE   MIDDLE EAST   ASIA PACIFIC   INDIA   AFRICA   CIS  
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