Tag: Petrofac

Petrofac appoints Tareq Kawash as Group Chief Executive

Petrofac announced the appointment of Tareq Kawash as Group Chief Executive and Executive Director, succeeding Sami Iskander. The Company hereby confirms that Mr Iskander has...

Petrofac secures an Australian decommissioning contract

Petrofac has been awarded a major decommissioning contract by the Australian Government, heralding the start of an era of decommissioning in the nation’s offshore oil and gas sector.

Petrofac secures a contract from Neptune Energy

Petrofac has been awarded a three-year contract extension from Neptune Energy valued in the region of USD 14M.

Petrofac secures UK renewals totalling $100m

Petrofac’s Engineering & Production Services business (EPS) has been awarded two three-year renewals in the UK, worth a combined total of more than USD 100M.

Petrofac to provide integrated services

Petrofac has been selected by Petrogas NEO UK a jointly owned company created by Petrogas E&P UK, and NEO Energy, a portfolio company of private equity fund HitecVision to establish its new North Sea operation following its recently announced asset acquisition.

Petrofac awarded Central North Sea contract

Petrofac has been awarded a well plugging and abandonment contract with independent energy company, Hess Limited, a wholly-owned subsidiary of Hess Corporation.

Petrofac JV awarded refinery project in Thailand

Petrofac, the international oil and gas services provider, leading a consortium with Saipem S.p.A. and Samsung Engineering Co Ltd, has received an award notification for Thai Oil Public Company Limited’s Clean Fuels Project on the East coast of Thailand.

Petrofac secures well engineering contracts

Petrofac has strengthened its global Well Engineering contracts portfolio following a series of contracts awarded, worth a combined value of around USD 20M.

Petrofac awarded EPC contract in Algeria

Petrofac has received a provisional letter of award for an engineering, procurement and construction (EPC) contract worth USD 600M with Sonatrach for EPC1 of the Tinhert Field Development Project in Algeria.

Petrofac to sell interest in GSA development

Petrofac Limited (Petrofac) recently signed an agreement to sell Petrofac GSA Holdings Limited to Ithaca Energy (UK) Limited (Ithaca) for a total consideration of up to USD 292M.