Petrofac ‘cut off from key markets’ after Adnoc suspension
Petrofac has been cut off from three of its “largest and most promising” oil markets globally after being suspended from Adnoc tenders, according to new analysis.
United Arab Emirates (UAE)
Petrofac suspended from competing for Adnoc contracts amid SFO investigation
Petrofac has been suspended from tendering for Adnoc contracts as a Serious Fraud Office (SFO) bribery investigation rolls on.
Saudi, Qatar rulers embrace at Gulf summit as borders reopen
Qatar’s ruler landed in Saudi Arabia on Tuesday to a warm embrace from host Crown Prince Mohammed bin Salman, hours after their nations re-established travel ties and eased a longstanding regional dispute.
Accord sets stage for Israel, UAE, Bahrain energy co-operation
Israel, the United Arab Emirates and Bahrain have signed a peace agreement that marks a step towards normalising diplomatic relationships in the Middle East.
NOC blames UAE for Libyan shutdown
Libya’s National Oil Corp. (NOC) has named the United Arab Emirates as being behind the order to stop production in the North African country.
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 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.
Petrofac wins work at UAE’s Haliba field
Energy services firm Petrofac has won work at the Haliba field in the United Arab Emirates (UAE).