The EIC appoints Petrofac’s Tony Brady to the board
The Energy Industries Council (EIC) has of Petrofac’s business development manager Tony Brady to its board.
The Energy Industries Council (EIC) has of Petrofac’s business development manager Tony Brady to its board.
The North Sea oil and gas industry is looking to a football-style loan transfer scheme to resolve skills shortages after it emerges from a long and brutal downturn.
The mature North Sea basin remains a "core market" for slimmed down oil and gas services firm Petrofac.
Petrofac's chief financial officer has hailed the slimmed down company's "positive results in 2016" as a result of careful restructuring.
Petrofac’s chief executive today said the service firm now has the “right-sized” business to remain competitive.
Petrofac has landed deal with BP for its North Sea assets.
Petrofac has landed a $600million deal in Oman.
Two trade unions are preparing strike action ballots in an effort to press North Sea employers for an agreement on workers’ pay and conditions.
Petrofac today said it expects to record $410million in net profit for 2016.
Petrofac has won a contract worth $75million from South Oil Company (SOC) for its Iraq Crude Oil Export Expansion Project (ICOEEP).
Petrofac has netted a contract extension worth about $70million to provide a range of services on the Cygnus gas field in the southern North Sea.
Petrofac has extended its relationship with Mubadala Petroleum with the award of new and modified contracts related to the floating production, storage and offloading vessel (FPSO) in the Gulf of Thailand.
Petrofac said it has made changes to its board of directors.
Energy services firm Petrofac said today it had saved Tullow Oil $2.5million on a well decommissioning job in the southern North Sea.
Petrofac has scooped a deal to provide a range of training services for staff working on Statoil’s key projects in the North Sea.
Petrofac is remaining tight-lipped on reports it plans to leave Tunisia if protests over jobs continue, according to reports.
Petrofac landed a deal for an offshore windfarm development.
A trio of oil and gas companies told the North Sea supply chain how to get involved in decommissioning projects at an event in Aberdeen this week.
Petrofac chief financial officer (CFO) Tim Weller said yesterday he was leaving the company with “a powerful franchise at its heart” as it recovers from the slump in oil prices.
The FPF-1 (Floating Production Facility) for the Greater Stella Area is now on location in the North Sea.
Petrofac has seen a return to profit despite booking a loss on the Laggan-Tormore project.
Petrofac’s chief financial officer will leave the oil service company after being poached by security group G4S.
Petrofac said an internal investigation into its board related to historical provision of services to company by Unaoil has found no wrongdoing of any director.
Petrofac has appointed a former director at Hess Corporation as senior vice president of engineering and operations.
Petrofac said it has reached an agreement with Petronas to bring its Berantai Risk Service Contract (RSC) to an end.