Petrofac seeks bigger horizons with new partner Schlumberger

London Stock Exchange-listed oil producer Petrofac is teaming up with oil and gas technology provider Schlumberger to snare bigger business opportunities. Petrofac’s Integrated Energy Services (IES) and Schlumberger Production Management […]

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By Vicky Ellis

London Stock Exchange-listed oil producer Petrofac is teaming up with oil and gas technology provider Schlumberger to snare bigger business opportunities.

Petrofac’s Integrated Energy Services (IES) and Schlumberger Production Management will work together on securing new projects.

Andy Inglis, chief executive of Petrofac IES said: “The creation of this framework will enable us to bid jointly for projects of a scale that we would not pursue independently, and to develop them at a much faster pace.”

Miguel Galuccio, president of Schlumberger Production Management added that his firm’s “subsurface knowledge, production engineering, well construction and project management services” were a good match with Petrofac’s “surface facility design, installation and ongoing operational field management”.