Updated: Petrofac charged with seven separate offences of failing to prevent bribery, intends to plead guilty
Energy services giant Petrofac has been charged with seven separate offences of failing to prevent bribery between 2011 and 2017.
Petrofac
Petrofac signs strategic partnership with leading UK green hydrogen firm
Global energy services firm Petrofac has penned a strategic partnership with a leading UK green hydrogen company.
Petrofac teams up with CCS firm CO2 Capsol
Petrofac is teaming up with tech firm CO2 Capsol targeting carbon capture and storage (CCS) work across the UK, Europe and, eventually, globally.
Industry talent to be recognised at OGUK Awards as finalists announced
Some of the North Sea oil and gas industry’s biggest players, including Neptune Energy, BP and TotalEnergies, are in the running to pick up a gong at the OGUK Awards.
North Sea heavy hitters launch scheme to block unskilled labour
Major energy services companies in the North Sea have today put in place a joint initiative aimed at blocking unskilled labour in the market.
‘Collaboration not competition’ key to CCS, says industry expert
Collaboration rather than competition will “define the success” of carbon capture and storage (CCS) in the UK, an energy expert has predicted.
Petrofac signs $100m EPCC contract in Libya
Petrofac has signed an engineering, procurement, construction and commissioning contract worth more than $100 million in Libya.
New deal for North Sea workers to deliver pay rise
A new collective bargaining agreement covering thousands of North Sea workers will deliver a 2.32% pay rise from the start of next year.
Cambo operator denies jumping the gun as kayaker activists stage protest in Norway
Two activists in kayaks confronted a vessel in Norway amid suspicions that the UK Government and an oil company were set to “jump the gun” on the Cambo project, west of Shetland.
IOG spuds Blythe development well
UK based energy firm IOG has marked an “important step” with the spudding of the Blythe development well.
Critical milestone: New deal for North Sea workers comes into force at signatory firms
A new collective bargaining agreement covering around 5,000 UK North Sea workers is now in force at all signatory companies.
IOG shares drop as firm warns Elgood might produce less gas than first thought
Shares in IOG dropped by more than 10% this morning after the firm warned recovery from its Elgood gas field might not live up to expectations.
Tech companies join programme to drive culture change in traditional energy firms
Fifteen digital technology companies have begun a 12 month programme working with major players from across the energy industry to drive culture change in one of the UK’s largest industrial sectors.
Petrofac wins UK contract with Shell NAM joint venture ONEgas
Petrofac has been awarded a three-year contract in the UK with ONEgas, a joint venture between Shell and Nederlandse Aardolie Maatschappij (NAM).
‘Devastating blow’ with 14 Petrofac jobs at risk at Orkney Flotta terminal
Jobs are at risk at contractor Petrofac after Repsol Sinopec announced “organisational changes” are to be made at the Flotta oil terminal in Orkney.
Petrofac wins £10million contract extension with Neptune on Cygnus field
Petrofac has been awarded a contract extension with Neptune Energy on the Cygnus platform, worth around $14million (£10m).
Petrofac secures 40 jobs with $17million contract for Ithaca Captain project
Petrofac has won work worth around $17million (£12.3m) for the Ithaca Energy Captain field, securing more than 40 jobs at the energy services firm.
Second jacket installed for huge HKZ North Sea wind farm
The second jacket for the Hollandse Kust Zuid (HKZ) wind farm has been installed in the North Sea.
Petrofac warns of ‘depressed’ market while UAE suspension hits backlog
Petrofac warned today that orders were likely to remain depressed in engineering and construction (E&C) this year due to the ongoing Covid-19 pandemic.
Petrofac Socar JV wins $25million contract with BP in Azerbaijan
Petrofac, in its joint venture with the State Oil Company of the Republic of Azerbaijan (SOCAR), has landed a $25million contract with BP in the Caspian.
Petrofac wins duty holder contract extension at EnQuest Kittiwake platform
Petrofac has won the right to extend its time as duty-holder of the EnQuest-operated Kittiwake platform in the North Sea.
South Asia steps up efforts to follow global energy transition
South Asia, which includes India, Pakistan, Sri Lanka, and Bangladesh, is slowly following the rest of the world in the transition towards cleaner energy systems. The subtle shift opens potentially large market opportunities for energy service suppliers.
Petrofac makes senior appointment to support renewables growth
Petrofac has made a senior UK appointment to support the continued growth of its renewables offering.
Original ‘dunk’ simulator designer reflects on start of something big at RGU
“It was very much a large bean can, but it became more sophisticated,” Alex Urquhart said of the simulator he designed.
EI young professionals network celebrates decade supporting future energy leaders
The Energy Institute (EI) Aberdeen Young Professionals Network (YPN), a networking group which develops the skills and energy sector knowledge of those in the early stages of their careers, is celebrating its 10-year anniversary in May.