Sunday 30 August 2015
 
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Petrofac

Petrofac posts net loss hurt by Shetland Islands project costs

Petrofac Ltd reported a net loss for the first half, hurt by a steep increase in costs at its Shetland Islands project, and said it still expected net profit for the year to be weighted towards the second half.  

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Petrofac lands $780m EPC contract in Kuwait

Kuwait Oil Company (KOC) has awarded a lump-sum engineering, procurement and construction (EPC) contract worth $780 million to leading oil and gas services provider Petrofac for developing a manifold group trunkline (MGT) system in the north of

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Petrofac lands $780m EPC contract in Kuwait

Kuwait Oil Company (KOC) has awarded a lump-sum engineering, procurement and construction (EPC) contract worth $780 million to leading oil and gas services provider Petrofac for developing a manifold group trunkline (MGT) system in the north of

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Petrofac signs two deals with Sonatrach

Petrofac, a provider of oilfield services to the international oil and gas industry, has entered into two strategic agreements with Algeria’s state-owned Sonatrach.   The first contract is for five years under which the

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Petrofac, CCC win $4bn Kuwait heavy oil project

A consortium led by Petrofac, an international oil and gas services provider, has won a $4 billion contract for the first phase of Kuwait Oil Company’s (KOC) Lower Fars heavy oil development programme. The consortium include

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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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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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