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Petrofac Secures Contracts From ADNOC Worth $1.65 Billion

2020-02-18 15:05:34| OGI

The move comes as the UAE, a key member of OPEC, looks to achieve gas self-sufficiency and become a net gas exporter.

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Petrofac Lands Contract Work Worth $130 Million In Oman

2019-12-31 14:30:57| OGI

Petrofac said Dec. 31 it won a new contract and the award of an additional scope of work with Petroleum Development Oman, with a combined value of roughly $130 million.

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Petrofac Says Bidding Process Delays Hurt New Orders; Shares Fall

2019-12-17 15:41:40| OGI

Oilfield services provider Petrofac Ltd. said on Dec. 17 it expected a more than 5% fall in full-year revenue, as delays in bidding processes hit new orders for its engineering and construction segment during the second half of 2019.

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Petrofac To Divest Remaining Stake In Mexico For $276 Million

2019-09-19 15:42:05| OGI

Oilfield services company Petrofac Ltd. said it would sell its remaining 51% interest in its Mexico operations to Perenco (Oil & Gas) International Ltd. for $276 million.

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Petrofac, NPCC Secure Belbazem FEED Award

2019-07-29 16:58:04| OGI

The scope of work includes the submission of a FEED package and proposal for the engineering, procurement, construction and installation (EPCI) of the facilities, with the execution of the EPCI work to be awarded on a design competition basis.

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