Bahrain Petroleum Company (Bapco) is in talks with Export Credit Agencies (ECA) to finance the expansion of its Sitra oil refinery. The project is estimated to cost around $5b.
Tunisia's government has reached a deal with protesters who have disrupted Petrofac gas production for months in a step to stop the British energy firm closing its business.
UK gas company Petrofac is threatening to leave Tunisia and end its investment if protests over jobs that have disrupted gas production for nine months are not stopped immediately.
Petrofac will resume operations in Kerkennah after having been shut since the end of April 2016 due to a sit-in staged by workers of local environment companies.
Kuwait has awarded UAE-based Petrofac International and Greece-based Consolidated Contractors Company (CCC) a $4.2 billion contract to develop Lower Fars heavy oilfield in the north of the country.
Petrofac has added to its global operations and maintenance portfolio with the announcement of a new agreement, worth US$50 million, with Oman Oil Company Exploration and Production LLC (OOCEP).
Petrofac, the international oil & gas service provider, has been awarded a US$330 million lump-sum engineering, procurement and construction (EPC) contract by Gazprom Neft Badra B.V. ('Gazprom') for the first phase o ...