Tag: Petrofac
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.
Petrofac secures Irish Sea contract extension
Petrofac has secured a two-year contract extension on Eni UK Limited’s Liverpool Bay Development, valued in the region of USD 65M.
Petrofac, SOCAR form JV
Petrofac’s Training Services business and the State Oil Company of the Republic of Azerbaijan (SOCAR) signed a Shareholders Agreement to form a Joint Venture for the pursuit of training opportunities across the country’s oil & gas and petrochemical industries.
Petrofac wins EPC for gas receiving terminal
Petrofac has been awarded an Engineering, Procurement and Construction (EPC) contract, valued at approximately EUR 340M, with South Stream Transport B.
Petrofac signs contract with Salalah LPG SFZCO
Petrofac has recently signed a contract worth close to USD 600M with Salalah LPG SFZCO LLC (SLPG), wholly owned subsidiary of Oman Oil Facilities Development Company LLC (OOFDC), to undertake the engineering, procurement and construction (EPC) of its Salalah LPG extraction project in the southern part of Oman.
Petrofac, in a 50-50 joint venture with Korean based Daelim Industrial Co (Daelim) has been awarded a 36-month Engineering, Procurement and Construction (EPC) contract by Oman Oil Refineries and Petroleum Industries Company (ORPIC).