Unite demands Scottish Government support over CNR International’s ‘draconian’ vaccine mandate
A leading union has appealed to the Scottish Government over the introduction of mandatory vaccinations by a North Sea operator.
Petrofac
Former Shell chairman Holliday joins ex-Petrofac boss Asfari at Venterra
Ex-Petrofac chief executive Ayman Asfari has snapped up the former chairman of Shell for his offshore wind business Venterra Group.
Petrofac makes senior appointment to drive offshore wind offering
Petrofac has appointed a new head of offshore wind operations and maintenance to bolster its offering in new energies.
Peterson secures HKZ grid logistics contract with Petrofac
Peterson has been awarded a logistics contract from Petrofac to support the offshore installation phase of two 700 megawatt (MW) transformer platforms for TenneT’s Hollandse Kust Zuid (HKZ) offshore grid.
Botched Unaoil bribery case prompts calls for SFO reform
A London ruling that heavily criticised the behavior of the country’s top fraud cops capped a tough year for the Serious Fraud Office (SFO) that saw prosecutions crumble and a conviction quashed.
Scotland’s largest offshore wind farm hits latest milestone with installation of 5,100 tonne jacket
Construction of what will become Scotland’s largest offshore wind farm has reached its latest milestone.
Petrofac brings in Island Drilling for Orlando workover
Island Drilling has secured a new contract with services group Petrofac to conduct a workover on Tailwind Energy’s Orlando field next year.
Neptune Energy awards Petrofac two-year extension for work on Cygnus
Energy services giant Petrofac has secured a contract extension with Neptune Energy for work on the Cygnus field.
Petrofac warns of further Covid disruption as projects take a hit
Petrofac (LON: PFC) has warned that its financial results for 2021 will be impacted by Covid-19 as project schedules and costs take a hit.
Former Petrofac executive ordered to pay £140,000 over bribery case
A former Petrofac executive has been ordered to pay £140,000 over bribery offences in the Middle East.
Hundreds of North Sea workers to transfer as Bilfinger and Global E&C launch new company
Hundreds of North Sea workers are understood to be transferring to a new joint venture company between Bilfinger UK and Global E&C after a major contract win.
Petrofac: Making meaningful progress towards a lower-carbon future
Jon Carpenter, Vice President of New Energy Services at Petrofac, looks back on a year defined by innovation, new thinking, and a firm commitment to working together, to support the transition to a lower-carbon future.
EnerMech secures three-year contract extension with Petrofac
EnerMech has confirmed a three-year extension to its equipment rental deal with Petrofac, taking the two companies’ working relationship beyond the ten-year mark.
Former CEO Asfari increases Petrofac stake by £27million in new share issue
Former Petrofac boss Ayman Asfari has increased his holdings in the company, as part of a £200m share offer to pay debt and bribery fines.
Petrofac, Summit, Xodus join Bacton Energy Hub
Energy players sign up to drive project to create a low-carbon energy hub for London and the South East.
Petrofac lands $96million EPCC contract for Petronas gas facility
Petrofac (LON: PFC) has won a $96million contract with Petronas to build a new onshore gas plant in the Malaysian state of Sarawak.
North Sea strikes averted as Petrofac reaches pay deal with Unite
Strikes have been averted after Unite the union reached a pay deal with Petrofac covering around 100 North Sea workers.
Former Petrofac CEO Asfari snaps up Scots offshore wind business
Scottish firm FoundOcean has been acquired by Venterra Group, a new wind energy services company set up by former Petrofac CEO Ayman Asfari.
Energy industry heavyweights raise the virtual curtain on COP26
North Sea heavy hitters have raised the virtual curtain on COP26 ahead of the landmark conference getting underway in Scotland next week.
Petrofac falls deeper into losses as bribery fine and ‘challenging conditions’ prevail
Petrofac fell deeper into pre-tax losses in the first half of 2021 as “challenging market conditions” and a fraud squad fine continued to impact the business.
Petrofac to fundraise £200million to pay for SFO bribery settlement
Petrofac (LON: PFC) has announced a £200million fundraise through share placing in order to help pay a Serious Fraud Office (SFO) fine for bribery offences.
Dozens of Petrofac workers on CNR International platforms vote to down tools
Scores of Petrofac workers have voted in favour of strike action in an ongoing dispute over pay.
Petrofac eyes Russian expansion via Gazprom deal
Petrofac has signed up to a strategic partnership with Gazprom, with the aim of establishing itself in Russia.
ECITB, Petrofac and Scottish universities team up on energy transition leadership training
A new ECITB postgraduate training programme to prepare the next generation of industry leaders with the knowledge and skills to deliver the energy transition is underway.
End of Petrofac investigation will unlock ‘lucrative’ Saudi and UAE markets
An investigation into allegations of bribery at Petrofac, which wrapped up yesterday, “will unlock the lucrative” Saudi Arabia and United Arab Emirates (UAE) markets.