Petrofac News

 

Petrofac Inks Extension Deal in Iraq

Oct 08, 2018

Petrofac’s Engineering & Production Services (EPS) East business has secured a four-year renewal of a contract for maintenance management services for an international oil company client in Iraq.Under the agreement, which is worth approximately US$50 million…

Chevron Extends North Sea Contract with Petrofac

Oct 03, 2018

Petrofac’s Engineering and Production Services (EPS) division has secured a 12-month engineering services contract extension from Chevron North Sea Limited. The agreement, which has been held by Petrofac since 2014, commenced on September 30…

Petrofac Secures Well Engineering Contracts

Sep 13, 2018

Petrofac has strengthened its global Well Engineering contracts portfolio following a series of award wins worth a combined value of around $20 million.Petrofac secured an exclusive five-year Well Operator Services contract from independent Exploration & Production company…

Petrofac inks services contract with Chrysaor

Jan 08, 2018

Petrofac has been awarded a Rotating Equipment Management Services contract in support of Chrysaor’s operations on the UK Continental Shelf. Under the 12-month agreement, Petrofac will provide fully integrated services across Chrysaor’s Armada…

Petrofac gains Chevron North Sea extension

Oct 05, 2017

Petrofac has secured a contract extension from Chevron North Sea for the provision of engineering services; an agreement it has held since 2014.  The 12-month agreement, which comes into effect this month, will involve the continued provision…

Petrofac to perform maintenance study

Aug 07, 2017

Petrofac has been awarded a research study from the Energy Institute’s Process Safety Committee in a bid to help improve maintenance management performance across the oil and gas industry. Under the terms of the agreement, Petrofac will…

Petrofac gets BP North Sea extension

Feb 07, 2017

BP awarded Petrofac a three-year extension to its existing contract in the North Sea. The contract, worth in the region of US$25million, was awarded following a competitive tender process. Under the agreement, Petrofac will continue to…

Petrofac inks Cygnus extension

Dec 07, 2016

Petrofac has been given a four and a half year contract extension on its integrated support services contract on the Cygnus gas field. The extension to December 2021 is worth about US$70 million and includes the provision of enhanced construction services and production supervision…

Petrofac completes Tullow decom

Sep 27, 2016

Petrofac’s differentiated approach to decommissioning, in support of Tullow Oil’s well plugging and abandonment campaign in the Southern North Sea (SNS), has delivered significant results and saved US$2.5 million compared to traditional approaches…

Petrofac takes on Hurricane well operations role

Jul 08, 2016

Petrofac has been appointed well operator by Hurricane Energy in a three-year contract to support wells located West of Shetland. Petrofac is the first outsourced well operator to manage a drilling campaign in the UK Continental Shelf…

Petrofac inks Total North Sea services contract

May 20, 2016

Petrofac is set to build on its provision of reimbursable services for Total E&P UK following the award of an enhanced three-year contract extension on the Alwyn and Dunbar platforms in the Northern North Sea. The contract, worth in the region of US$100 million…

Petrofac takes on BP's Miller

Apr 28, 2016

Petrofac has been awarded a duty holder contract from BP to support the late life management of the Miller platform, in the UK central North Sea. The contract is for 'life of asset' but has a four-year ceiling at which point extension options will be reviewed as required…

Petrofac helping P&A Horne and Wren

Mar 15, 2016

Petrofac is supporting Tullow Oil on its decommissioning program for the Horne and Wren platform in the Southern North Sea.   The role sees Petrofac, which has been duty holder on the platform for more than 10 years, move into well plugging and abandonment operations on the field…

Petrofac to operate Anasuria

Mar 11, 2016

Petrofac has been appointed as duty holder to support UK joint venture Anasuria Operating Co. (AOC) to take over operatorship of Anasuria cluster in the North Sea. Anasuria Operating Co. is a joint venture company formed between Hibiscus Petroleum Berhad and Ping Petroleum…

Petrofac takes on Anasuria

Mar 11, 2016

Oilfield services firm Petrofac has been appointed duty holder on the Anasuria cluster, in the UK North Sea. The role is in support of the Anasuria Operating Company (AOC), a UK joint venture formed between Hibiscus Petroleum Berhad (Hibiscus) and Ping Petroleum (Ping)…

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