The sentencing in a London court of British oil services group Petrofac over charges that it failed to prevent bribery in Iraq, Saudi Arabia, and the UAE has been postponed to Monday, a court spokesperson said in an email.Petrofac had said it…
Oilfield services firm Petrofac's bribery case sentencing hearing has been postponed for Friday.As previously reported, Petrofac said Friday it would plead guilty to seven counts of failing to prevent former Petrofac group employees from offering…
Oilfield services giant Petrofac said Friday it had struck a plea agreement with the UK Serious Fraud Office (SFO) in relation to its investigation into the company's historical use of agents in the Middle East.Following requisition by the UK's Serious Fraud Office (SFO)…
Oilfield services provider Petrofac said Wednesday that Afonso Reis e Sousa had taken over as its Chief Financial Officer and Executive Director.Reis e Sousa succeeds Alastair Cochran, who has now left the Petrofac and has stepped down from its Board…
Malaysian oil and gas firm Petronas said Friday that Petrofac had brought online the East Cendor field in Block PM304, 40 kilometers offshore Peninsular Malaysia.The field was developed by Petrofac as the operator and Kuwait Foreign Petroleum Exploration Company and Petronas Carigali as partners…
Oilfield services firm Petrofac said Monday it has with the help of digitalization, and in cooperation with James Fisher Asset Information Services (JF AIS), managed to eliminate the need for offshore surveys ahead of modification scopes, reducing time and cost…
Oilfield service firm Petrofac has secured a new three-year contract with ONEgas, an integrated cross-border asset between Shell UK and the Nederlandse Aardolie Maatschappij (NAM). The contract, secured by Petrofac’s Engineering and Production…
UK-based oilfield services company Petrofac has secured a three-year contract extension from Neptune Energy for the provision of operations and maintenance services for Neptune Energy’s Cygnus Alpha platform in the Southern North Sea. The contract extension…
Oilfield services firm Petrofac, in a joint venture with Azerbaijan's SOCAR, has won a contract to support BP's Azeri Central East (ACE) project, in the Caspian Sea, offshore Azerbaijan.Under the contract valued at about $25 million, the Petrofac…
Oilfield services firm Petrofac will continue supporting the Kittiwake platform offshore the UK, following the award of a one-year contract extension from the oil company EnQuest.Under the terms of the contract, Petrofac will continue in its capacity as Duty Holder of Kittiwake…
Petrofac, a company for years known as simply an oilfield services provider, is transforming into an energy services firm with increasing involvement in the offshore wind business in recent years.To support its growth and offering in the new and renewable energy sectors…
Petrofac's Chief Financial Officer Alastair Cochran has informed the Board of Directors of his intention to resign and take up a new job outside the group on September 1, 2021. Cochran joined Petrofac in 2016 from BG Group where he had served…
Oilfield services company Petrofac has secured a one-year extension to its integrated services contract with NEO Energy in the UK North Sea.'The extension, awarded eight months ahead of the renewal date, takes Petrofac’s contract for operations…
Abu Dhabi-based oil and gas giant ADNOC has suspended oilfield services firm Petrofac from competing for new ADNOC contracts 'until further notice,' over a bribery case related to contracts awarded in 2013 and 2014.'Petrofac Ltd announces it…
UK-based 3t Energy Group has agreed to buy oilfield services giant Petrofac's UK training business.The purchase includes Petrofac’s Survival and Marine, Health and Safety, Fire, and Major Emergency Management capability and facilities in Scotland…