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Petrofac Limited news

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Petrofac upbeat despite dip in orders backlog
Petrofac, the oil and gas services company, played down a lull in its backlog of orders by insisting it was on track to win more business and meet its ambition to double earnings in the five years to 2015.
National Grid and Petrofac plan �1bn Scottish carbon capture and storage plant
The consortium said it proposed to build a low-carbon coal power station at the Port of Grangemouth, west of Edinburgh on the Firth of Forth in Scotland.
Summit Power, National Grid and Petrofac Team Up on DECC Carbon-Capture ...  Business Wire (press release)
Scottish power plant could utilise CCS technology  The Engineer
Monday's AIM news: Oil & gas
However, whilst pulling out of the hole, the running string became stuck and subsequent fishing operations with the limited equipment available in country did not allow the running tool to be recovered. Cadogan commented that it would continue to ...
Lukoil chief aims to shake up Arctic oil
Private resources companies will soon be allowed access to Russia's vast Arctic oil and gasfields, and the country's tax system will be changed to promote growth in the sector, according to the chief executive of Lukoil.
Local supply policy tests Petrobras
When the new president of Brazil's national oil company Petrobras took the helm this month, she left little doubt about where her loyalties lay.
Providence averts fall of House of O'Reilly
Clogs to clogs in three generations? That dismissal of dynastic business ambition does not quite apply to tycoon Sir Anthony O'Reilly, whose upbringing was well-heeled.
Oil industry struggles to contain risks
One of the main conclusions of the US government report into BP's devastating spill in the Gulf of Mexico was that other countries with strong offshore oil industries such as Britain had better regulatory systems.
Shell faces claim over Niger delta spills
Lawyers representing 11,000 Nigerians will on Friday serve the details of a claim against Royal Dutch Shell at the High Court after negotiations about compensation for two oil spills in the Niger delta fell apart last week.
Budget 2012: Chancellor announces North Sea oil tax relief
26/08/2015. 5 Falling Knives To Avoid: Anglo American plc, EVRAZ plc, Premier Farnell plc, Lonmin Plc & Premier Oil PLC. 26/08/2015.
Policeman's lot includes perverse pay
The fact that security firm G4S has earmarked 20,000 retired coppers as potential staff will further empurple opponents of police reform.