Petrofac
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Petrofac Successfully Integrates Kuwait Oil’s New Control Center
Thursday, 25th February 2021
Petrofac Company announced that its Lower Fars heavy oil development project team has successfully completed integration of the new Crude Oil Control Center of Kuwait Oil Company by using its updated technology and equipment to improve the effectiveness of operations.
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Petrofac, Repsol, Technip Form Industry Alliance to Maximize North Sea Reserves
Tuesday, 16th February 2021
Petrofac company announced the formation of industry alliance with companies of Repsol Sinopec Resources UK and TechnipFMC to maximize the recovery of oil and gas from the UK Continental Shelf (UKCS).
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Petrofac Acquires Drilling Management Services Contract for Buffalo Redevelopment
Monday, 15th February 2021
Petrofac Company announced that it has bed awarded a drilling management services contract with Carnarvon Petroleum for redeveloping Buffalo well located in offshore East Timor in the Timor sea.
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Petrofac Wins Two Contracts in Oman worth $300 MM
Thursday, 4th February 2021
Petrofac company announced that it has acquired two contracts in Oman worth $300 million through Petroleum Development Oman (PDO).
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Petrofac Restructures Management, Board
Tuesday, 13th October 2020
Sami Iskander will join Petrofac and assume the role of Group Chief Executive Officer (CEO) as of January 1, 2021, replacing Ayman Asfari after his retirement announcement.
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Petrofac Awarded Contract Extension in the North Sea
Wednesday, 16th September 2020
British oilfield service provider, Petrofac, has been awarded a multi-million dollar Integrated Services Contract by Ithaca Energy to renew its contract in the North Sea.
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Petrofac Awarded EPCC Contract in Bahrain
Wednesday, 17th June 2020
Petrofac’s Engineering & Production Services division (EPS) is the benefactor of a multi-million dollar engineering, procurement, construction, and commissioning (EPCC) contract by Tatweer Petroleum, for an upstream gas project in Bahrain.
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Petrofac Secures North Sea Well Management Contract
Monday, 1st June 2020
Petrofac’s Engineering & Production Services (EPS) has signed a well management contract for Phase 1 of Independent Oil and Gas’ (IOG) Core Project located off the UK.
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Petrofac Extends Contract in Iraq with Basra Oil
Sunday, 31st May 2020
Iraq has awarded Petrofac’s Engineering & Production Services (EPC) a six month contract extension with Basra Oil Company for the Crude Oil Export Expansion Project (ICOEEP).
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ADNOC Terminates $1.65 B Petrofac Project
Thursday, 16th April 2020
Petrofac Ltd has announced that its Petrofac Emirates joint venture with Abu Dhabi National Oil Company (ADNOC) for the Dalma Gas Development Project has been terminated.
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 63.71 | +0.78% |
Crude Oil (Brent) Brent | USD/bbl | 67.62 | +0.87% |
NYMEX Natural Gas | USD/MMBtu | 2.85 | -0.87% |
OPEC Basket Price | USD/bbl | 63.73 | +2.79% |
Last Modified February 25, 2021