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

Re Contract

29 Mar 2010 08:49

RNS Number : 3216J
Petrofac Limited
29 March 2010
 



Press Release

 

29 March 2010

 

PETROFAC LIMITED

 

PETROFAC WINS QATAR PETROLEUM CONTRACT WORTH MORE THAN US$600 MILLION

 

Petrofac, the international oil & gas facilities service provider, has been awarded a contract worth more than US$600 million for a gas sweetening facilities project in Qatar's Messaieed and Dukhan industrial districts by Qatar Petroleum (QP).

 

Petrofac will undertake the engineering, procurement, installation and commissioning of gas sweetening facilities in both locations which includes a sulphur recovery upgrade at NGL-3 in Messaieed and an acid gas recovery plant at Arab-D in Dukhan.

 

Work on the projects is expected to commence shortly and is due for completion within 38 months.

 

Petrofac's group chief operating officer, Maroun Semaan commented: "Petrofac has a long history of working with QP and this award, alongside the engineering services contract that we recently secured, further underpins our continued relationship."

 

He continued: "We are delighted to be part of the continuing investment in oil & gas infrastructure by Governments in the region. The award of this contract serves to further reinforce Petrofac's commitment to the Qatari market, and again highlights our continued competitiveness in the Middle East."

 

Ends

 

For further information contact:

 

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

James Bradley

David Allchurch

petrofac@tulchangroup.com

 

 

Notes to Editors

 

Petrofac

Petrofac is a leading international provider of facilities solutions to the oil & gas production and processing industry, with a diverse customer portfolio including many of the world's leading integrated, independent and national oil & gas companies. Petrofac is quoted on the London Stock Exchange (symbol: PFC) and is a constituent of the FTSE 100 Index.

 

The group delivers services through seven business units: Engineering & Construction, Engineering & Construction Ventures, Engineering Services, Offshore Engineering & Operations, Training Services, 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.

 

With more than 11,500 employees, Petrofac operates out of five strategically located operational centres, in Aberdeen, Sharjah, Woking, Chennai and Mumbai and a further 19 offices worldwide. The predominant focus of Petrofac's business is on the UK Continental Shelf (UKCS), the Middle East and Africa, the Commonwealth of Independent States (CIS) and the Asia Pacific region.

 

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
 
 
CNTDMGZFNLKGGZG
Date   Source Headline
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
1st Aug 20164:22 pmRNSHolding(s) in Company
1st Aug 20167:00 amRNSUpdate on Board review
18th Jul 20169:38 amRNSDirector/PDMR Shareholding
11th Jul 20167:00 amRNSBerantai RSC - agreement with PETRONAS
24th Jun 201611:37 amRNSReport on Payments to Govts

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.