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Petrofac News

Britain's Petrofac wins $100 mln gas contract in Bahrain
18 Sep 2015

Britain's Petrofac wins $100 mln gas contract in Bahrain

KHOBAR, Saudi Arabia, Sept 18 (Reuters) - Britain's Petrofac has won a contract worth about $100 million from Bahrain's Tatweer Petroleum to build a ...

Oil services firms face end-2016 order vacuum as clients axe projects
16 Sep 2015

Oil services firms face end-2016 order vacuum as clients axe projects

* Customers have slashed $200 billion worth of projects * Five worst-affected companies could need $7 bln in capital * Those with Middle East, Asia ex...

FTSE 250 movers: Oil services stocks gush, Stagecoach hit by living wage warning
15 Sep 2015

FTSE 250 movers: Oil services stocks gush, Stagecoach hit by living wage warning

(ShareCast News) - After hitting a six-day low in early trade, the FTSE 250 index closed the session in positive territory on the back of mining and o...

Petrofac and Tecnicas Reunidas reportedly chosen for $4.7bn Saudi projects
15 Sep 2015

Petrofac and Tecnicas Reunidas reportedly chosen for $4.7bn Saudi projects

(ShareCast News) - London-listed Petrofac and Spain's Tecnicas Reunidas have reportedly been chosen for contracts worth as much as $4.7bn to build the...

UPDATE 1-Tecnicas and Petrofac selected to build $4.7 bln Saudi gas project -sources
15 Sep 2015

UPDATE 1-Tecnicas and Petrofac selected to build $4.7 bln Saudi gas project -sources

* Aramco selects contractors for Fadhili gas plant - sources * Tecnicas get 2 contracts worth up to $3 bln combined * Petrofac to receive $1.7 bln con...