North Sea top producer Harbour Energy knocked out of FTSE 100, Petrofac relegated from 250
Harbour Energy (LON: HBR), the top producer in the North Sea, has been knocked out of the club of leading publicly-quoted UK companies.
Petrofac
Petrofac strikes to take place on BP North Sea assets
Dozens of Petrofac (LON: PFC) workers on BP (LON: BP) assets in the North Sea and West of Shetland are to take part in strikes in a dispute over offshore shift rotas.
The impossible job? Challenges ahead for new Petrofac CEO
Analysts have warned that the surprise announcement of a new CEO for Petrofac (LON: PFC) is a negative signal for investors, with “renewed scrutiny” ahead for its balance sheet.
Petrofac chief executive to step down next year, replacement named
Energy services giant Petrofac has announced that its chief executive is heading for the exit door.
Petrofac workers begin two-day North Sea strike action
Petrofac (LON:PFC) workers stationed across several North Sea assets began the first in a series of proposed strikes on Wednesday, as a dispute over pay and conditions continues to escalate.
Using decommissioned wells to heat homes, hospitals and businesses
As the UK aims to reach net zero by 2050 we will see more and more wells decommissioned both on and offshore; geothermal specialist CeraPhi believes it can use some of this infrastructure to heat buildings and power installations across the country.
Exclusive: World’s worst greenhouse gas escapes from giant Scottish wind farm
Workers were forced to evacuate from a transformer platform in the giant £3billion Seagreen wind farm 27 miles off Scotland’s Angus coastline, following an escape of “the most potent greenhouse gas” in the world.
Petrofac workers set to strike as pay dispute escalates
Petrofac workers stationed across several North Sea assets have confirmed their intent to strike throughout November in an escalating dispute over pay and conditions.
Petrofac awarded study for Hartshead SNS gas fields
Petrofac (LON:PFC) has secured an award from Hartshead Resources to conduct an engineering study of offtake routes for the Somerville and Anning gas field developments.
Petrofac awarded £54 million wells management deal with Dana Petroleum
Petrofac (LON: PFC) has been awarded a £54.34 million well management services contract by the Aberdeen-based Dana Petroleum for all of its UK operated assets.
Sonatrach signs off on Petrofac EPC work, progresses gas sales
Sonatrach has confirmed a major construction contract with Petrofac, while moving ahead on gas negotiations with European offtakers.
Petrofac workers balloted over pay dispute
Petrofac workers are being balloted for industrial action in a dispute over pay, Unite Scotland has confirmed.
Petrofac hires ship for Northern Endeavour FPSO gig
Akastor subsidiary DDW Offshore has been awarded a firm one-year contract by Petrofac for the AHTS vessel Skandi Atlantic. The AHTS will support the disconnection of the FPSO Northern Endeavour together with towing and well isolations work in the Laminaria Corallina oil fields in the West Timor Sea.
Petrofac lands services deal with ADNOC at Haliba oilfield
Petrofac (LON: PFC) has been awarded a two-year field maintenance services contract extension with ADNOC.
Petrofac wins contract extension for Serica’s BKR fields
Petrofac (LON:PFC) has secured a three-year contract extension with Serica Energy, covering maintenance services at its northern North Sea assets.
Petrofac signs up to support Omani hydrogen plans
Petrofac has signed a memorandum of understanding (MoU) with Oman Hydrogen Centre (OHC), with a particular focus on green hydrogen.
UK energy companies paying men 20% more than women, figures show
UK energy firms are paying men around 20.2% more than women on average, according to a new study of the sector's gender pay gap.
UK firm CeraPhi Energy launches funding round to raise £12.4 million
The Great Yarmouth-based end-to-end advanced closed-loop geothermal business, CeraPhi Energy, has announced the launch of a £12.41 million funding round as it prepares for growth.
Petrofac upbeat for the future after trimming losses
Energy Services giant Petrofac (LON:PFC) is buoyant about the outlook for the rest of 2022 after trimming losses.
Petrofac consortium wins EPC contract for work in Algeria
Petrofac (LON: PFC) has provisionally been awarded a contract for work on a major gas field onshore Algeria.
Shell secures Stena Don for P&A and development work
Stena Drilling has signed a new contract with Shell which will see its semi-submersible Stena Don rig deployed in the UK North Sea for both well decommissioning and development work.
Petrofac passes 20 years on Kittiwake with new EnQuest extension
Petrofac (LON: PFC) has landed a contract extension with EnQuest – taking it beyond 20 years as the duty holder on the Kittiwake asset in the North Sea.
Petrofac handed EQTEC contract for UK waste-to-energy project
Tech innovation firm EQTEC (AIM: EQT), has named Petrofac (LON: PFC) as its contractor for a waste-to-energy project at Haverton Hill in Billingham.
Wood to oversee first phase of Northern Endeavour decom work
The Australian Government has awarded Wood the role of Owner’s Team, which will see it assume responsibility for the first phase of decommissioning at the Northern Endeavour vessel.
Tullow takes over FPSO work, hands contract to Petrofac
Tullow Ghana (LON:TLW) has awarded a five-year operations and maintenance (O&M) contract to Petrofac Ghana (LON:PFC) on the FPSO Kwame Nkrumah.