Petrofac
The group delivers services through seven business units: Engineering & Construction, Engineering & Construction Ventures, Engineering Services, Offshore Engineering & Operations, Training, Production Solutions and Energy Developments.
Through these businesses Petrofac designs and builds oil & gas facilities; operates, maintains and manages facilities and trains personnel; enhances production; and, where it can leverage its service capability, develops and co-invests in upstream and infrastructure projects. Petrofac’s range of services meets its customers’ needs across the full life cycle of oil & gas assets.
Petrofac wins US$350 mln gas compression deal for Oman’s Kauther field
Oil & gas facilities service provider Petrofac Ltd (LSE: PFC) said it won a contract worth more than US$350 million for the Kauther gas-field depletion-compression project from Petroleum Development Oman on behalf of the Sultanate’s government.
Petrofac will undertake the engineering, procurement and construction (EPC) of the gas compression system, and associated facilities at the Kauther gas plant, in addition to undertaking the commissioning and six months of initial operations.
The project follows the successful completion of the Kauther gas plant in 2007, which Petrofac built on an EPC basis for PDO, including commissioning and operations.
Other Petrofac articles
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28/12/09 Petrofac - High five
Other Petrofac news
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08/03/10 Petrofac reports an ‘excellent year’, net profit up 33%
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04/03/10 Petrofac and Lundin Petroleum to combine UK Continental Shelf oil & gas assets, to create EnQuest
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14/01/10 Petrofac acquires Scotvalve to further expand its mechanical services operation
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30/12/09 Petrofac taps into Turkmenistan with US$100 million contract for South Yoloten gas field
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16/12/09 Petrofac expects full-year net profit up 25 pct, saw record order intake in difficult market
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24/11/09 Petrofac Establishes Joint Venture with Zamil Group in Saudi Arabia
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16/11/09 Petrofac secures £100 million North Sea services contract from BP
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30/10/09 Robust oil price bodes well for Petrofac
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24/08/09 Petrofac confident of delivering full year earnings growth of 20%
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10/08/09 Petrofac expects production of up to 5 mln barrels this year from Don Development, North Sea






