Petrofac and Hitachi Energy team up for offshore wind
Energy services giant Petrofac (LON: PFC) has struck a pact with technology leader Hitachi Energy to support the offshore wind market.
Petrofac
Petrofac looks ahead to ‘multi-year upcycle’ but headwinds deal a blow to E&C
Petrofac (LON: PFC) has said it is in position to benefit from a “multi-year upcycle” ahead for the oil and gas industry, but headwinds continue to hit its E&C division.
Wind services firm set up by ex-Petrofac CEO acquires two new companies
Venterra Group has announced the acquisition of two companies as it seeks to support the expansion of the global wind industry.
Anasuria takes over as FPSO and pipeline operator from Petrofac
Anasuria Operating Company has taken over as operator of the namesake FPSO and associated pipelines in the North Sea from Petrofac.
i3 Energy hands Petrofac contract on ‘company-maker’ Serenity well
Petrofac has been named well engineering operator on the upcoming i3 Energy Serenity appraisal.
Petrofac laments ‘cost overruns’ and ‘unfavourable’ settlements as E&C heads for loss
Petrofac (LON: PFC) has decried cost overruns and "unfavourable" settlements hitting its E&C division and the wider group's cash flow.
Petrofac open to forming consortium to help deliver key UK low carbon project
An energy transition boss at Petrofac (LON: PFC) has indicated the company would be keen to team up with others to progress a major decarbonisation project.
BP picks Petrofac for GTA offshore work
BP has chosen Petrofac to carry out work at the Greater Tortue Ahmeyim (GTA) LNG project as the service company scales up its African presence.
‘First-of-its-kind’ study to test geothermal energy at North Sea oil field
Petrofac is to support a “first-of-its-kind” study to test whether oil and gas wells in the North Sea can be repurposed for geothermal energy.
Petrofac considering bringing FPSO from overseas to UK for decommissioning
Energy services giant Petrofac (LON: PFC) is in discussions to bring an FPSO from the “other side of the world” to Europe for breaking up.
Maersk Decom to close following handover of Tullow work
Maersk Decom has confirmed it will close its doors, following the handover of its sole remaining decommissioning contract to Petrofac.
Petrofac takes over from Maersk at Tullow decom work
Tullow Oil has chosen Petrofac to carry out well decommissioning offshore Mauritania, replacing Maersk Decom.
Gallery: CNR International and Petrofac emerge as big winners at Decom North Sea Awards
The best and brightest in the industry were celebrated at the Decom North Sea Awards last night.
Petrofac lands ‘sizeable decommissioning’ contract offshore Gulf of Mexico
Energy services giant Petrofac (LON: PFC) and Promethean Decommissioning Company (PDC) have formed an alliance to decommission three fields offshore Gulf of Mexico.
SFO recovers almost £600k from bank accounts of former Petrofac fixer
The Serious Fraud Office (SFO) has recovered more than half a million pounds from personal bank accounts linked to a former fixer for Petrofac.
Petrofac reverses 10% pandemic pay cut after slashing workforce by more than a quarter
Petrofac has awarded eligible employees a 5% pay increase, reversing pandemic related cuts initiated two years ago, as the company now looks to “recovery and growth” in 2022.
Petrofac secures second contract with Cairn Oil and Gas
Petrofac (LON:PFC) has been awarded a further operations and maintenance (O&M) contract with Cairn Oil & Gas, India’s largest private oil and gas exploration company.
Petrofac wins decom contract for Australia’s Northern Endeavour
Petrofac has secured a contract from the Australian Government to carry out the first phase of decommissioning work on the Northern Endeavour.
Petrofac boss tells supply chain it needs to ‘justify’ renewables local content targets
A senior figure at energy services giant Petrofac (LON: PFC) has challenged the energy supply chain to earn its right to secure work on low carbon schemes.
Petrofac awaits outcome of £127 million HMRC court battle
Petrofac (LON: PFC) is awaiting the outcome of a £127 million court battle with HMRC, and said a portion of the costs could land on its customers.
Petrofac awarded two-year contract extension by Spirit Energy
Energy services firm Petrofac has secured a two-year operations and late life asset support contract extension with Spirit Energy.
Petrofac wins way back in to Adnoc tenders
Petrofac is back in Adnoc’s good books, the contractor has said, allowing it to participate once more in tenders.
Petrofac wins green ammonia study in Egypt
Petrofac has won work on an early stage study to assess the feasibility for a green hydrogen to ammonia facility in Egypt.
400 North Sea workers join new company from Bilfinger and Global E&C
A new joint venture between Bilfinger and Global E&C has welcomed 400 new employees as it kicks off business.
Heerema installs 4,800 tonne topside for Seagreen offshore wind farm
A key component of what will be Scotland’s largest offshore wind farm has been installed off the Angus coast.