Thursday 18 December 2014
 
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Petrofac

Petrofac eyes $500m net profit in 2015

Oil and gas services firm Petrofac said it expected net profit in 2015 to be around $500 million, citing lower oil price environment, change in project timings and a settlement related to its project in Shetland, Scotland. Petrofa

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Petrofac eyes $500m net profit in 2015

Oil and gas services firm Petrofac said it expected net profit in 2015 to be around $500 million, citing lower oil price environment, change in project timings and a settlement related to its project in Shetland, Scotland. Petrofa

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Dubai firm wins Petrofac construction contract

Dubai-based Specialist Services has won a contract from Petrofac, a leading international service provider to the oil and gas industry, to provide local equipment rooms (LER) and local control room (LCR) buildings for the Upper Zakum 750 Island

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Petrofac wins $700m Kuwait Oil contract

British oil and gas services group Petrofac said it secured a $700 million contract from Kuwait Oil Company for a gathering centre, which is located north of Kuwait City. The project, which includes engineering, procurement, const

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Petrofac wins $700m Kuwait Oil contract

British oil and gas services group Petrofac said it secured a $700 million contract from Kuwait Oil Company for a gathering centre, which is located north of Kuwait City. The project, which includes engineering, procurement, const

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Petrofac wins $970 million Algerian contract

UK-based oil and gas services group Petrofac, which slashed its 2014 profit forecast by 11 percent this month, said on Friday it was awarded a contract worth $970 million in Algeria. Petrofac said the contract was for gas gatherin

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Petrofac wins $1.2bn Oman BP contract

Leading oil and gas service provider Petrofac has clinched a key engineering, procurement and construction (EPC) contract worth $1.2 billion from BP for its central processing facility at the Khazzan gas project in Oman. The contr

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Petrofac wins $1.4bn Saudi Aramco contracts

Leading oil and gas service provider Petrofac said it has won two engineering, procurement and construction (EPC) contracts worth around $1.4 billion from Saudi Aramco for its Jazan Refinery and Terminal project. When complete, th

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Petrofac wins $200m Kuwait EPC contract

Leading oil and gas service provider Petrofac said it has won a $200 million lump-sum engineering, procurement and construction (EPC) contract for a new power distribution network in North Kuwait. The project, which was awarded by

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Petrofac inks $100m Iraq offshore deal

Petrofac, a leading international oil and gas service provider, said it has won a $100 million contract from Iraq’s South Oil Company (SOC) to provide offshore operations and maintenance services for its crude oil expansion project.

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