Petrofac snaps up £30m deal with Sharjah National Oil in UAE
Oilfield services firm Petrofac has today announced the award of a £30 million deal by Sharjah National Oil Corporation (SNOC) for a project in the United Arab Emirates (UAE).
Petrofac
Petrofac wins contracts worth £1.3billion for Abu Dhabi ‘mega project’
Petrofac has been awarded two contracts worth a combined £1.3billion for a “mega project” near Abu Dhabi.
North Sea contract award sets ‘alarm bells ringing’
A North Sea deal between one of the basin’s biggest producers and a little-known consortium has set “alarm bells ringing” in the UK offshore oil and gas sector, a trade union boss has said.
Scheme for untangling oil equipment data gains traction with operators, suppliers
A fledgling online initiative created to straighten out jumbled oilfield equipment data and documentation is building momentum.
Diversity at centre stage for Oil and Gas UK event
A compelling line-up of speakers has been confirmed for an event aiming to put issues surrounding diversity and inclusion centre stage in the oil and gas sector.
Petrofac wins first Scottish wind farm supply work in ‘multi-million’ deal
An oilfield services firm with a major operating base in Aberdeen has bagged its first significant Scottish offshore wind contract in what is understood to be a multi-million deal.
Petrofac wins £38m UK North Sea contract with new joint venture
Petrofac has clinched a two-year deal to provide £38 million worth of services for a new UK North Sea joint venture.
Petrofac clinches deals worth £100m in Oman
Oilfield service firm Petrofac said today that it had clinched £100 million worth of work with Petroleum Development Oman (PDO).
Updated: Petrofac shares down as order book shrinks
Shares in Petrofac dropped after the UK oilfield service firm showed its order book had shrunk.
Petrofac and Socar ink deal with BP in Azerbaijan
Petrofac and its joint venture partner the State Oil Company of the Republic of Azerbaijan (Socar) have announced a deal with BP in Azerbaijan and Georgia.
Petrofac snaps up North Sea framework deal with EnQuest
Oilfield services firm Petrofac has secured a three-year framework deal with operator EnQuest for North Sea services.
Petrofac and Halliburton join Seapulse-Maersk Drilling exploration pact
Petrofac and Halliburton have joined in a pact with fledgling explorer Seapulse and Maersk Drilling on UK North Sea wells next year.
Petrofac announces £93m new deals in North Sea and Malaysia, buys Texas energy services firm
Petrofac has announced new contracts and extensions in the North Sea and Malaysia worth £93m, as well as an acquisition marking its entry to the US onshore services market.
NHV takes delivery of new H175 helicopter in Aberdeen
Helicopter operator NHV has celebrated delivery of a new aircraft for its Aberdeen base following some key contract wins.
HSE chairman calls out cyber security ‘complacency’ during oil conference
The chairman of the Health and Safety Executive has called out “complacency” on cyber security within oil and gas and other sectors across the UK.
John Crane Asset Management hires new boss, based in Houston
Energy service firm John Crane Asset Management Solutions (JCAMS) has appointed a new managing director in the US to replace its former Aberdeen-based boss.
Energy Institute young professionals dinner attracts more than 200 people
More than 220 people gathered in Aberdeen for an event celebrating and rewarding the energy sector’s best young talent.
Over-capacity slows deal flow in Q3
Anderson Anderson & Brown Corporate Finance is delighted to share with you our quarterly Deals+ update for Q3 2019 in conjunction with Energy Voice, highlighting selected oil and gas mergers and acquisitions and fundraising transactions across the UK
Contractors move to block unskilled labour ahead of ‘challenging shutdown period’
Several North Sea contractors have joined forces to prevent unskilled workers entering the market as a “challenging shutdown period” approaches.
North Sea copter firm finds way round potential no-deal Brexit pickle
Belgian helicopter operator NHV has secured key documentation to help ensure Brexit does not disrupt its North Sea operations, the firm said today.
Petrofac hails start of gas injection for TurkStream project
Energy services firm Petrofac has hailed the start of gas injection for a giant project to deliver energy from Russia to Turkey.
Jersey dishes out Buchan area development contracts
Jersey Oil and Gas has awarded contracts to Rockflow Resources and Petrofac for the development of its licences in the Greater Buchan Area (GBA).
Union survey highlights job insecurity for offshore contractors
A survey from the UK’s largest offshore union has found high levels of job insecurity among the contractor workforce in the North Sea.
Craig International bags contracts worth £50m
Craig International has secured £50 million of new contracts in the first half of 2019.
Petrofac will sell remaining stake in Mexican business to Perenco for up to £220m
Oilfield service giant Petrofac has clinched a deal to sell the remaining 51% interest in its operations in Mexico to Anglo-French firm Perenco.