Raymond STERN
Petrofac Nets Three-year Deal with ONEgas
Oilfield service firm Petrofac has secured a new three-year contract with ONEgas, an integrated cross-border asset between Shell UK and...
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Raymond STERN
May 11, 2021
Petrofac CFO to Resign
Petrofac's Chief Financial Officer Alastair Cochran has informed the Board of Directors of his intention to resign and take up a new job...
Raymond STERN
Apr 19, 2021
Petrofac swings to full-year loss as sales slide
Chief executive admits oilfield services group must ‘do better to restore confidence’ The new chief executive of oilfield services group...
Raymond STERN
Mar 19, 2021
Petrofac secures $80m contract extension for key Iraq project
The contract extension award comes after Petrofac was suspended by ADNOC from competing for new projects over bribery charges. London...
Raymond STERN
Feb 4, 2021
Petrofac bags $300m worth of contracts from Oman’s PDO
The London-listed firm will provide EPC, commissioning, start-up, and initial operational support for MMPS Gas Compression project Under...
Raymond STERN
Dec 16, 2020
Petrofac deepens cost cuts as pandemic effect persists
Oilfield services group expects sustained period of subdued demand from customers. Petrofac will deepen its cost-cutting next year after...
Raymond STERN
Mar 28, 2017
Petrofac awarded $1.3bn contract in Kuwait
Petrofac has been awarded a contract worth $1.3bn to build a gas gathering centre for Kuwait Oil Company (KOC). The lump-sum engineering,...
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