Petrofac workers on BP assets resume strikes after talks break down
Petrofac (LON: PFC) employees on a host of BP (LON: BP) North Sea assets downed tools this morning after negotiations stalled.
Petrofac
Update: IOG shares plummet on further Southwark delays
IOG (AIM:IOG) has encountered further setbacks at its Southwark field as low flow rates and produced water volumes slow progress.
Over 200 Petrofac workers to receive £18k pay increase after accepting offer
Dozens of offshore workers are to benefit from a hefty pay increase after a long-running dispute was brought to an end.
Valaris lands a series UK North Sea contracts
Rig operator Valaris has unveiled a series of new contracts and extensions in the UK North Sea.
Petrofac workers begin new round of strikes across North Sea assets
Petrofac workers will down tools for 48 hours at a series of BP and Repsol Sinopec assets across the North Sea today, as disputes over pay and rota patterns show no sign of resolution.
Dozens set to strike in the North Sea this week
From Thursday dozens of workers will be taking strike action on Repsol Sinopec and BP (LON: BP) North Sea installations.
Strikes to hit BP and Repsol Sinopec North Sea platforms as Petrofac workers down tools
A raft of fresh North Sea strikes – that will impact more than a dozen assets operated by Repsol Sinopec and BP (LON: BP) - have been announced.
Petrofac shares take a hit on $100m losses announcement
Analysts weigh-in on Petrofac’s dire news and the road ahead.
Petrofac predicts losses of $100m for 2022
Petrofac (LON: PFC) has warned it will report losses of around $100m in 2022 due to “challenges” linked to its engineering and construction (E&C) arm.
Petrofac secures FEED work on Hartshead’s Somerville, Anning fields
Petrofac (LON:PFC) has secured a brace of new contracts from Hartshead Resources for work to develop its southern North Sea gas fields.
Petrofac lands EPC contract with ADNOC in the UAE
The UK-based Petrofac (LON: PFC) has secured an engineering, procurement and construction (EPC) lump-sum contract with ADNOC in the United Arab Emirates (UAE).
Pictures emerge of offshore worker strikes in North Sea
Pictures have been released of offshore workers who are carrying out strikes on BP and Repsol Sinopec platforms in the North Sea.
Hundreds of North Sea workers launch new strikes on Repsol Sinopec and BP platforms
Unite says its members will stick to their guns as a new round of work stoppages commence on North Sea assets, in what the union has called an “increasingly bitter dispute” over pay and conditions.
The Energy Voice guide to North Sea strike action
Spiralling living costs coupled with record profits for energy producers have fuelled a series of increasingly bitter disputes between operators and workers throughout 2022.
North Sea top producer Harbour Energy knocked out of FTSE 100, Petrofac relegated from 250
Harbour Energy (LON: HBR), the top producer in the North Sea, has been knocked out of the club of leading publicly-quoted UK companies.
Petrofac strikes to take place on BP North Sea assets
Dozens of Petrofac (LON: PFC) workers on BP (LON: BP) assets in the North Sea and West of Shetland are to take part in strikes in a dispute over offshore shift rotas.
The impossible job? Challenges ahead for new Petrofac CEO
Analysts have warned that the surprise announcement of a new CEO for Petrofac (LON: PFC) is a negative signal for investors, with “renewed scrutiny” ahead for its balance sheet.
Petrofac chief executive to step down next year, replacement named
Energy services giant Petrofac has announced that its chief executive is heading for the exit door.
Petrofac workers begin two-day North Sea strike action
Petrofac (LON:PFC) workers stationed across several North Sea assets began the first in a series of proposed strikes on Wednesday, as a dispute over pay and conditions continues to escalate.
Using decommissioned wells to heat homes, hospitals and businesses
As the UK aims to reach net zero by 2050 we will see more and more wells decommissioned both on and offshore; geothermal specialist CeraPhi believes it can use some of this infrastructure to heat buildings and power installations across the country.
Exclusive: World’s worst greenhouse gas escapes from giant Scottish wind farm
Workers were forced to evacuate from a transformer platform in the giant £3billion Seagreen wind farm 27 miles off Scotland’s Angus coastline, following an escape of “the most potent greenhouse gas” in the world.
Petrofac workers set to strike as pay dispute escalates
Petrofac workers stationed across several North Sea assets have confirmed their intent to strike throughout November in an escalating dispute over pay and conditions.
Petrofac awarded study for Hartshead SNS gas fields
Petrofac (LON:PFC) has secured an award from Hartshead Resources to conduct an engineering study of offtake routes for the Somerville and Anning gas field developments.
Petrofac awarded £54 million wells management deal with Dana Petroleum
Petrofac (LON: PFC) has been awarded a £54.34 million well management services contract by the Aberdeen-based Dana Petroleum for all of its UK operated assets.
Sonatrach signs off on Petrofac EPC work, progresses gas sales
Sonatrach has confirmed a major construction contract with Petrofac, while moving ahead on gas negotiations with European offtakers.