Watch the latest episode of focusIR Fireside Chats: Why Edinburgh Investment Trust Is Backing Turnaround Stocks for 2026 Growth. View here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPetrofac Regulatory News (PFC)

  • This share is currently suspended. It was suspended at a price of 3.975
  • There is currently no data for PFC

Petrofac Awarded Bab Gas Compression Project

4 Jun 2013 10:04

RNS Number : 2322G
Petrofac Limited
04 June 2013
 



Press Release

 

 

 

4 June 2013

 

PETROFAC LIMITED

 

PETROFAC AWARDED BAB GAS COMPRESSION PROJECT

IN ABU DHABI

 

Petrofac is pleased to announce that Petrofac Emirates, its joint venture with Mubadala Petroleum, has been awarded a US$500 million onshore engineering, procurement and construction (EPC) contract by Abu Dhabi Company for Onshore Oil Operations (ADCO) for expansion of compression facilities at the Bab Field, 150 km south-west of Abu Dhabi city.

 

Petrofac Emirates will undertake modifications to three of the existing compressor stations and install a new fourth facility. The scope of work also includes 27 well head facilities, associated gas pipelines, direct gathering manifold and modifications to remote manifold stations. The project will be completed in a phased manner in approximately 30 months whereupon commissioning will commence.

 

Subramanian Sarma, Managing Director of Petrofac's Onshore Engineering & Construction, business commented: "Following an extremely competitive bidding field, I am delighted that we have been able to secure this project. To extend our portfolio with ADCO, who are a very important customer for us, is particularly pleasing and continues to reinforce our position in the Middle East."

 

Ends

 

 

For further information contact:

 

Tulchan Communications Group Ltd +44 (0) 20 7353 4200

Stephen Malthouse

Martin Robinson

petrofac@tulchangroup.com

 

 

 

 

Notes to Editors

 

Petrofac Emirates

Petrofac Emirates is the joint venture established in 2008 between Petrofac (49%) and Mubadala Petroleum (51%). Mubadala Petroleum is owned by Mubadala Development Company, the Abu Dhabi state owned investment and development company.

 

 

Petrofac

 

Petrofac is a leading international service provider to the oil and gas production and processing industry, with a diverse customer portfolio including many of the world's leading integrated, independent and national oil and gas companies. Petrofac is quoted on the London Stock Exchange (symbol: PFC).

 

Petrofac designs and builds oil and 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 and gas assets.

 

With more than 18,000 employees, Petrofac operates out of seven strategically located operational centres, in Aberdeen, Sharjah, Abu Dhabi, Woking, Chennai, Mumbai and Kuala Lumpur and has a further 24 offices worldwide.

 

For additional information, please refer to the Petrofac website at www.petrofac.com.

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
CNTFIMPTMBAMMRJ
Date   Source Headline
1st May 20189:34 amRNSHolding(s) in Company
26th Apr 20188:06 amRNSDirector Declaration
24th Apr 20187:00 amRNSPetrofac sells JSD6000 project to ZPMC
17th Apr 20184:47 pmRNSDirector Declaration
5th Apr 201810:16 amRNSAnnual Financial Report
5th Apr 20187:51 amRNSDirector/PDMR Shareholding
4th Apr 20181:26 pmRNSHolding(s) in Company
3rd Apr 20187:00 amRNSPetrofac secures further India EPC award
29th Mar 201810:54 amRNSContract
28th Mar 201812:26 pmRNSDirector/PDMR Shareholding
22nd Mar 20183:16 pmRNSHolding(s) in Company
21st Mar 20184:15 pmRNSDirector/PDMR Shareholding
21st Mar 20188:12 amRNSDirector/PDMR Shareholding
21st Mar 20187:00 amRNSPetrofac awarded second EPC contract in India
19th Mar 201811:23 amRNSPetrofac awarded US$580million EPC contract
12th Mar 20187:00 amRNSPETROFAC AWARDED INDIA EPC CONTRACT
1st Mar 20187:00 amRNSFull year results - year ended 31 December 2017
9th Feb 20183:51 pmRNSHolding(s) in Company
5th Feb 20187:00 amRNSBoard update
25th Jan 20189:31 amRNSBoard Committee Changes
24th Jan 201811:09 amRNSBoard statement
23rd Jan 201812:03 pmRNSHolding(s) in Company
19th Jan 201810:36 amRNSHolding(s) in Company
10th Jan 20187:30 amRNSHolding(s) in Company
4th Jan 20183:22 pmRNSDirector Declaration
19th Dec 20177:00 amRNSPetrofac migrates Santuario contract in Mexico
14th Dec 20177:00 amRNSBoard changes
14th Dec 20177:00 amRNSBoard changes
14th Dec 20177:00 amRNSTrading update
12th Dec 20173:11 pmRNSPETROFAC AWARDED CONTRACT FOR KHAZZAN
12th Oct 20172:00 pmRNSHolding(s) in Company
10th Oct 20171:54 pmRNSHolding(s) in Company
27th Sep 20173:48 pmRNSInterim Dividend - exchange rate
14th Sep 20177:00 amRNSDirector/PDMR Shareholding
12th Sep 201712:44 pmRNSHolding(s) in Company
6th Sep 20177:00 amRNSPetrofac awarded contract on Sakhalin Island
5th Sep 20179:35 amRNSHolding(s) in Company
5th Sep 20177:32 amRNSPetrofac to build gas receiving terminal in Turkey
1st Sep 20174:25 pmRNSHolding(s) in Company
30th Aug 20177:00 amRNSHalf year results - six months ended 30 June 2017
24th Aug 201712:06 pmRNSBoard Statement
22nd Aug 20177:00 amRNSPetrofac sells stake in Pánuco contract
18th Aug 20179:44 amRNSHolding(s) in Company
17th Aug 20178:25 amRNSHolding(s) in Company
16th Aug 20178:56 amRNSHolding(s) in Company
11th Aug 201712:44 pmRNSHolding(s) in Company
9th Aug 201711:00 amRNSBoard Update
4th Aug 201711:10 amRNSPetrofac Awarded Duqm Refinery Project
26th Jul 20177:00 amRNSPetrofac strengthens Iraq presence
5th Jul 20174:27 pmRNSReport on Payments to Govts (amended)

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.