Aubin project manager prevails in Decom Awards rising star category
A project manager at a north-east firm shined brightest out of a trio of budding decommissioning experts to win a prestigious award today.
A project manager at a north-east firm shined brightest out of a trio of budding decommissioning experts to win a prestigious award today.
Former Petrofac CEO Ayman Asfari took a double-digit percentage pay cut in 2020, a year blighted by Covid, loss of work and an ongoing SFO investigation.
Petrofac said today that its chief financial officer, Alastair Cochran, will leave the energy services firm.
Petrofac has won a contract from BP for work on operational procedures at the Greater Tortue Ahmeyim (GTA) project, offshore Mauritania and Senegal.
A boss at Petrofac said yesterday his confidence that the North Sea market is picking up in 2021 is based on real activity, rather than mere hope.
Energy service firm Petrofac said today it intended to be a “force for good” in the global transition to low carbon as it rolled out a “refreshed” strategy.
Sonatrach has pulled the plug on the Isarene permit, held by Petroceltic International.
Energy service firm Petrofac today announced the award of a one-year extension to its integrated services contract with North Sea operator Neo Energy.
UK-listed Advance Energy has successfully raised the capital to acquire a 50% stake in the Buffalo project off East Timor. Drilling at the redevelopment project later this year is targeting a potential oil bonanza.
3t Energy Group’s deal to buy Petrofac’s Aberdeen and Montrose training centres has successfully made it across the line.
Petrofac has been cut off from three of its “largest and most promising” oil markets globally after being suspended from Adnoc tenders, according to new analysis.
3t Energy has appointed a new finance director for its training division with the goal of driving “ambitious” global growth plans.
Energy services giant Petrofac has secured a one-year contract extension worth around $80 million (£57m) with a “key client” in Iraq.
Wood, the Aberdeen-headquartered energy services giant, has earmarked $196million in order to settle bribery cases with authorities in the US, Brazil and the UK.
Petrofac has been suspended from tendering for Adnoc contracts as a Serious Fraud Office (SFO) bribery investigation rolls on.
The joint heads of a taskforce are “absolutely confident” the group’s work will help stimulate an imminent ramp-up in North Sea oil-well decommissioning activity.
An industry chief is optimistic that government policies axing support for fossil-fuel-related export activity still give scope for the oil sector to “have its cake and eat it”.
Aberdeen-headquartered engineering firm EnerMech has won a string of contracts for its UK operations worth “tens of millions” of pounds.
UK oil and gas firm Tailwind Energy intends to install a second pipeline to increase production from the Gannet E field in the UK central North Sea.
An empty Aberdeen office building - recently valued at £1.5 million - could be partially demolished to make way for flats.
Petrofac has completed the integration of Kuwait Oil Co.’s (KOC) new Crude Oil Control Centre.
Trade union members have voted in favour of a new collective bargaining agreement covering thousands of North Sea workers.
Private-equity backed 3t Energy Group has inked a deal to buy Petrofac’s training centres in Aberdeen and Montrose.
Oilfield service (OFS) companies must decide now whether they are going to stick with hydrocarbons or pivot to low-carbon, a new report said.
A new alliance has been formed giving North Sea oil firms a quicker and cheaper means of developing their fields using platforms owned by Repsol Sinopec Resources UK (RSRUK).