The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen 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 10.50

Share Price Information for Petrofac (PFC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 10.50
Bid: 0.00
Ask: 0.00
Change: 0.00 (0.00%)
Spread: 0.00 (0.00%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 10.50
PFC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

PETROFAC AWARDED REFINERY CONTRACT IN MALAYSIA

13 Aug 2014 07:53

RNS Number : 9958O
Petrofac Limited
13 August 2014
 



Press Release

 

 

13 August 2014

 

 

PETROFAC AWARDED REFINERY CONTRACT IN MALAYSIA

 

 

Petrofac, the international service provider to the oil and gas industry, has been awarded an Engineering, Procurement, Construction and Commissioning (EPCC) contract by PRPC Refinery and Cracker Sdn. Bhd. a subsidiary under the Petroliam Nasional Berhad (PETRONAS) group, Malaysia's national oil and gas company; for a Refinery package in PETRONAS' Refinery and Petrochemicals Integrated Development (RAPID) project in Pengerang, Johor, Malaysia.

 

Worth more than US$500 million, the competitively tendered lump-sum EPCC scope of work includes three sulphur recovery units, two amine regeneration units, two sour water stripping units, a liquid sulphur storage units and a sulphur solidification package unit.

 

Located in Pengerang, within the state of Johor, Malaysia; PETRONAS' RAPID project is by far the largest liquid-based green-field downstream undertaking in Malaysia. It will have a 300,000 barrels per stream day refinery and will supply naphtha and liquid petroleum gas feedstock for the RAPID petrochemical complex, apart from producing a host of refined petroleum products, including gasoline and diesel that meet the Euro 4 and Euro 5 fuel specifications. RAPID is part of the bigger PETRONAS Pengerang Integrated Complex (PIC) development which comprises of RAPID and its associated facilities including the Pengerang Co-generation Plant (PCP), Re-gasification Terminal 2 (RGT2), Air Separation Unit (ASU), Raw Water Supply Project (PAMER), Crude and Product Tanks (SPV2) as well as central and shared Utilities and Facilities (UF). PIC is poised for its refinery start-up by early 2019.

 

Subramanian Sarma, Managing Director of Petrofac's Onshore Engineering & Construction business, commented: "This award represents another significant step in building our capability in the Asia-Pacific region. Malaysia is a core country for us, PETRONAS a key customer and we have a substantial physical presence in the country to support our ongoing projects and future aspirations."

 

Ends

 

 

For further information contact:

 

Alison Flynn

Head of Media Relations

Petrofac

Alison.flynn@petrofac.com +44 (0) 20 7811 4913

 

Petrofac Investor Relations +44 (0)20 7811 4900

Jonathan Low

Jonathan Edwards

IR@petrofac.com

 

Tulchan Communications Group Ltd

Stephen Malthouse

Martin Robinson

petrofac@tulchangroup.com +44 (0) 20 7353 4200

 

 

 

 

Notes to Editors

 

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
 
 
CNTQKNDPABKKKFD
Date   Source Headline
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)
3rd Jul 20178:39 amRNSHolding(s) in Company
30th Jun 20174:26 pmRNSReport on Payments to Govts
27th Jun 20177:00 amRNSTrading update
21st Jun 20179:16 amRNSHolding(s) in Company
19th Jun 20179:36 amRNSHolding(s) in Company
14th Jun 20178:37 amRNSHolding(s) in Company
13th Jun 20177:00 amRNSPetrofac secures Kuwait training contract
12th Jun 20179:00 amRNSHolding(s) in Company
8th Jun 20177:00 amRNSPetrofac secures Framework Agreement with PDO
5th Jun 20172:46 pmRNSHolding(s) in Company
31st May 201710:16 amRNSHolding(s) in Company
30th May 201710:49 amRNSRevolving Credit Facility Extended
25th May 20172:35 pmRNSHolding(s) in Company
25th May 20177:00 amRNSUpdate on SFO Investigation and Board Change
18th May 20177:35 amRNSDirectorate Change
16th May 201710:21 amRNSHolding(s) in Company
15th May 20178:33 amRNSHolding(s) in Company
12th May 20173:56 pmRNSHolding(s) in Company
12th May 20171:12 pmRNSUpdate on Unaoil investigation
11th May 20172:21 pmRNSResult of AGM
3rd May 201710:10 amRNSHolding(s) in Company
26th Apr 20171:15 pmRNSFinal Dividend - exchange rate
29th Mar 20179:30 amRNSAnnual Financial Report
28th Mar 201711:38 amRNSPetrofac awarded US$1.3 billion project in Kuwait
24th Mar 20173:01 pmRNSHolding(s) in Company
23rd Mar 20174:08 pmRNSHolding(s) in Company
23rd Mar 20178:53 amRNSHolding(s) in Company
22nd Mar 20175:26 pmRNSHolding(s) in Company
22nd Feb 20177:00 amRNSFinal results for the year ended 31 December 2016
6th Feb 201712:07 pmRNSDirector Declaration
9th Jan 20177:00 amRNSPetrofac awarded Oman gas project
15th Dec 20167:03 amRNSTrading update
28th Oct 20163:32 pmRNSHolding(s) in Company
21st Oct 201611:30 amRNSDirectorate Change
18th Oct 20168:47 amRNSDirector/PDMR Shareholding
11th Oct 20163:27 pmRNSHolding(s) in Company
3rd Oct 20164:05 pmRNSReport on Payments to Govts (amended)
28th Sep 20162:52 pmRNSInterim Dividend Exchange Rate
16th Sep 20167:00 amRNSDirector/PDMR Shareholding
30th Aug 20167:00 amRNSBoard change
30th Aug 20167:00 amRNSHalf year results - six months ended 30 June 2016
19th Aug 20169:11 amRNSDirector Declaration
16th Aug 20168:40 amRNSDirector/PDMR Shareholding
15th Aug 20167:00 amRNSDirectorate Change
5th Aug 20169:52 amRNSHolding(s) in Company

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.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.