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 to deliver condition monitoring
Petrofac has recently been awarded a three year contract to provide a condition monitoring programme for Bumi Armada’s Olombendo floating, production, storage and offloading (FPSO) unit bound for offshore Angola.
Petrofac IES gets new COO
Andy Inglis, chief executive of Petrofac’s Integrated Energy Services (IES) business, will be leaving the company at the end of February 2014 and stepping down from the Board. Andy has been appointed as the chairman and chief executive at the US-listed Kosmos Energy and will take up his new position in Dallas, Texas, upon departure from Petrofac.
Petrofac appoints new country manager for Romania
Sayma Robbie, vice president of Subsurface in the IES Technical Directorate, recently relocated to Bucharest to become the country manager for Romania. Robbie is now responsible for leading and managing all aspects of Petrofac’s Romanian business including the important production enhancement contract (PEC) at Ticleni.
Petrofac, Daelim win refinery improvement project
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).