Adnoc dishes out $1.46bn in Dalma EPC contracts
Adnoc has awarded two engineering, procurement and construction (EPC) contracts worth $1.46 billion for the Dalma gas project, on the Ghasha concession.
Dalma
Petrofac: Asfari takes pay cut in final year as CEO
Former Petrofac CEO Ayman Asfari took a double-digit percentage pay cut in 2020, a year blighted by Covid, loss of work and an ongoing SFO investigation.
Petrofac falls to loss on Covid impact, sets new gender and net zero targets
Petrofac has set new targets to reduce its emissions and increase the percentage of women in its senior roles within the decade.
Petrofac loses Dalma work from ADNOC
Abu Dhabi’s ADNOC has terminated two contracts for Petrofac’s joint venture on the Dalma gas development worth $1.65 billion.
ADNOC goes for gas
Innovation and new approaches are dominating ADNOC’s drive for new sources of gas.
Aker Solutions bags £65m Adnoc deal
Aker Solutions has won a £65 million order from Adnoc to deliver subsea umbilicals for the Dalma gas development project located offshore UAE in the Persian Gulf.
Losses widen for KCA Deutag despite ‘robust’ North Sea work
Aberdeen-based KCA Deutag saw its losses widen by 68% in its full year accounts yesterday, despite a “robust” performance from its North Sea business.
KCA Deutag in £480m Dalma takeover
Aberdeen-headquartered KCA Deutag (KCAD) has struck a £480million deal to take over a rival drilling contractor’s Omani and Saudi businesses.