Petrofac has won a $135m (£106.6m) contract in Kazakhstan in a joint venture with locally-based Iskar Group.
North Sea exploration and production firm Hurricane Energy said today it was "deeply saddened" to report the death of its chief operations officer (COO), Neil Platt.
Offshore contracting firms and unions have committed to hammering out a “framework” to replace a key UK North Sea collective bargaining agreement.
One of the offshore oil and gas industry’s most significant business development events is going digital in July when OGUK launches the first of its series of Share Fair Spotlight webinars featuring the forward work plans of Spirit Energy next week.
Scottish low-carbon and green energy projects offered a glimmer of hope to Petrofac in a first half of 2020 marked by “significant disruption” brought on by Covid-19.
Petrofac is working on a “more aggressive” approach to replace its climate targets which are “well out of date”, according to a UK boss.
Petrofac has won an engineering, procurement, construction and commissioning (EPCC) contract from Bahrain’s Tatweer Petroleum.
A north-east carbon capture and hydrogen production project has reached key milestone with the appointment of a major contractor.
It is no accident that those traditional oil and gas companies which shifted investment and skills towards the renewable energy market are the same firms now celebrating big offshore wind contracts.
Petrofac has been awarded a five-well contract for the first phase of Independent Oil and Gas’ (IOG) “Core” project in the North Sea.
Petrofac has won a six-month contract extension for its work in Iraq with Basra Oil Co. (BOC).
The coronavirus pandemic has triggered the “largest drop in global energy investment in history”, the International Energy Agency (IEA) has said, launching its World Energy Investment 2020 report.
North Sea energy services firms including Wood, Petrofac and Hunting enjoyed a share price boost in the City today.
The Engineering Construction Industry Training Board (ECITB) has beefed up its board as it prepares to play its part in the sector’s recovery.
The UK’s Serious Fraud Office (SFO) has dropped its investigation into ABB linked to the Unaoil case.
Oilfield services firm Petrofac will "target additional savings" as the firm looks to weather the financial storm caused by the outbreak of Covid-19 and low oil prices.
A trade union boss has said offshore contractors’ plans to scrap a blanket deal covering thousands of workers went against “every principle” championed by North Sea industry.
Oilfield services firm Petrofac has struck new deals to provide BP with digitally-enhanced maintenance and metering services.
Brent crude oil was down about 6.5% at $28.96 per barrel at the London market close despite spending much of today on the advance.
Energy services firm Petrofac has said it has safeguarded nearly 200 jobs with a pair of contract renewals.
Petrofac has deferred an £11million decommissioning contract for Aberdeen-headquartered Awilco Drilling.
About 200 workers will transfer to Petrofac to help the oilfield services firm fulfil a beefed-up contract with Repsol Sinopec Resources UK (RSRUK).
A trio of offshore unions are in disagreement with Petrofac after workers were left without answers on being granted the government’s coronavirus furlough scheme.
Oil majors BP and Shell were among the fallers as the FTSE 100 Index slid by 171.80 points, or nearly 3%, to 5,641.03 yesterday.
Abu Dhabi’s ADNOC has terminated two contracts for Petrofac’s joint venture on the Dalma gas development worth $1.65 billion.