Strike threat at Shetland gas plant “over room sharing”

The GMB union is threatening oil company Petrofac with strikes in a row over accommodation at the building site of a Shetland gas site. Petrofac has been building a plant on the Shetland isles, on behalf of Total, to take gas from two offshore platforms in the North Sea since 2010. GMB claimed an “overwhelming majority” […]

New CCS plans on the table for National Grid

The National Grid is teaming up with London-listed Petrofac and American electric developers Summit Power to seek funding from the UK Government for a new commercial-scale carbon capture and storage project in Scotland. The consortium’s proposed plant would be located at the Port of Grangemouth, west of Edinburgh on the Firth of Forth. The group […]

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 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 […]

Petrofac staff will practice their moonwalk with NASA

Oil and Gas company Petrofac will train its employees in space age facilities belonging to NASA as part of a co-operative deal. The space exploration centre will share an underwater Neutral Buoyancy Laboratory (NBL) near Houston, Texas. The oil workers will use the NBL for survival training along with NASA who will continue training International […]

GDF SUEZ creates 100 North Sea jobs

GDF SUEZ’ s exploration arm has signed two contracts with engineering firm Petrofac to create one hundred new jobs in the North Sea. The deal worth £30m will mean Petrofac will service the needs of GDF’s exploration work particularly in the Cygnus field. Jean-Claude Perdigues, managing director at GDF SUEZ E&P UK, said: “These two […]

Petrofac’s revenue boosted by 25%

Petrofac’s income was boosted by a quarter, according to their report for the first six months of 2011. The oil and gas facilities provider’s revenue was up 25.2% to $2,711 million. Ayman Asfari, Petrofac’s group chief executive said: “We have had a successful year to date, with good operational performance across our portfolio of projects.” […]

Shetland to get £500m gas processing plant

A £500m onshore gas processing plant is to be built on the Shetland Islands after a deal was signed this morning at the Department of Energy and Climate Change. The contract has been awarded to oil & gas facilities service provider Petrofac by Total Exploration & Production UK and Dong Energy. Petrofac will develop the […]