Petrofac splashes £200k on second freefall lifeboat in Aberdeen
Oilfield service firm Petrofac has taken delivery of a second freefall lifeboat at its marine training centre in Aberdeen following an investment of £200,000.
Petrofac
Proposed North Sea deal would ‘level playing field’ again, chiefs say
A proposed new North Sea collective bargaining agreement will level the playing field for service companies and give workers more protection during turbulent times, industry chiefs said.
Five more firms to get behind new deal for UK North Sea workers
Five more energy service firms have agreed to help develop an alternative to a key UK North Sea collective bargaining agreement that is being scrapped.
$500bn in new project opportunities at Virtual Energy Exports Conference
More than US$500bn worth of project opportunities will be presented by key major project decision makers from around the globe at the Virtual Energy Exports Conference on Monday 28 September to Thursday 1 October (vEEC Week).
Petrofac wins ‘multi-million dollar’ North Sea contract with Ithaca Energy
Petrofac has announced the award of a “multi-million dollar” North Sea contract from Ithaca Energy.
IOG to hand out jackup rig contract for flagship Core project ‘in coming weeks’
Independent Oil and Gas (IOG) will hand out the contract for a jackup rig for the first phase of its flagship Core project “in the coming weeks”.
Repsol Sinopec calls time on Tartan Alpha after 40 years
Repsol Sinopec Resources UK (RSRUK) has decided to stop production on its Tartan Alpha installation after nearly 40 years, putting some jobs at risk.
Supply chain disruption ‘biggest threat’ for decommissioning cost spike, warn Spirit Energy and Petrofac
Disruption to the North Sea supply chain is the “biggest threat” for a spike in offshore decommissioning costs, according to bosses at Spirit Energy and Petrofac.
North Sea ‘cannot afford bad practices’ in supply chain, warns Petrofac boss
A UK boss of Petrofac has warned the North Sea supply chain “cannot afford for bad practices to creep in during this moment of crisis".
Awilco Drilling sinks to £10.6m losses amid disputes with rig builder and HMRC
Awilco Drilling has sunk to losses of £10.6million in the first half of 2020 amid separate disputes with rig builder Keppel Fels and HMRC.
Petrofac expects ‘bounce back’ for UK work in 2021
Petrofac is expecting areas of its business to “bounce back” in 2021, according to a UK boss, as it handles the effects of Covid-19.
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.
Joint venture between Petrofac and SOCAR secures £77m contract with BP Azerbaijan
A joint venture between UK-headquarterd energy services firm Petrofac and Azerbaijan’s state oil company has secured a £77 million contract with BP Azerbaijan.
New Petrofac and Storegga partnership goes ‘above and beyond’ collaboration on Acorn project
Energy services firm Petrofac has signed a Memorandum of Understanding (MoU) with Storegga Geotechnologies in an effort to drive new clean energy developments.
Petrofac shares details of potential upcoming contracts
Petrofac has shared details of a number of contracts that will potentially be put out to tender over the next year.
HSE making inquiries after faulty generator causes damage on North Sea platform
The UK’s health and safety watchdog is making “initial inquiries” after a generator overheated on the FPF-1 platform in the central North Sea.
Guns and oil do not mix, Libya’s NOC warns
Libya’s National Oil Corp. (NOC) has expressed concerns about increasing military presence at its facilities and the seizure of jet fuel at Zueitina.
Petrofac doubles UK wells with Neo Energy contract
Petrofac has doubled the size of its offshore wells portfolio in the UK North Sea after winning a new contract with Neo Energy.
Aberdeen man found guilty of conspiracy by Serious Fraud Office in Unaoil bribery case
An Aberdeen man has been found guilty of conspiracy to give corrupt payments in a Unaoil bribery case that has rumbled on for more than four years.
Petrofac wins £107m contract with Kazakhstan’s NCOC
Petrofac has won a $135m (£106.6m) contract in Kazakhstan in a joint venture with locally-based Iskar Group.
Hurricane Energy ‘deeply saddened’ at death of COO
North Sea exploration and production firm Hurricane Energy said today it was "deeply saddened" to report the death of its chief operations officer (COO), Neil Platt.
Employers and unions vow to find alternative to key North Sea agreement
Offshore contracting firms and unions have committed to hammering out a “framework” to replace a key UK North Sea collective bargaining agreement.
Digital debut for OGUK’s share fair
One of the offshore oil and gas industry’s most significant business development events is going digital in July when OGUK launches the first of its series of Share Fair Spotlight webinars featuring the forward work plans of Spirit Energy next week.
Scottish low-carbon projects offer ray of hope for Petrofac amid Covid chaos
Scottish low-carbon and green energy projects offered a glimmer of hope to Petrofac in a first half of 2020 marked by “significant disruption” brought on by Covid-19.
Petrofac to replace ‘out of date’ climate targets
Petrofac is working on a “more aggressive” approach to replace its climate targets which are “well out of date”, according to a UK boss.