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Petrofac Limited news

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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)
Terry: I'm NOT the Chelsea manager, Di Matteo has been immense
John Terry has attempted to end once and for all speculation he has a say over first-team affairs at Chelsea. Blues captain Terry last week branded suggestions he and other senior players ran the dressing room at Stamford Bridge as 'complete nonsense'.
Reading boost promotion bid by signing local lad Mullins on loan
Promotion-chasing Reading have acquired Portsmouth midfielder Hayden Mullins on loan until the end of the season. The 32-year-old, who was crowned Pompey's player of the year last term, possesses a wealth of experience having featured in over 500 ...
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 ...
MARKET REPORT: EnQuest gushes on talk of a bid
EnQuest, which has said it aims to boost production to more than 40,000 barrels of oil equivalent a day by 2014, in January agreed to acquire a 20pc stake in the Kraken heavy oil discovery from Canamens Ltd, for �57m cash. A move which prompted broker ...
Toyota says supply chain will be ready by autumn for next quake
An employee works on an assembly line of Toyota Motor Corp's hybrid car ''Prius'' at its Tsutsumi plant in Toyota, central Japan December 9, 2011.
Morgan Stanley Targeting Mexico Energy for Private Equity
... first time since 1938. Last year, Pemex awarded two blocks to Petrofac Ltd. and one to Schlumberger Ltd. to produce crude from aging fields.
Saudi contracting firm Al-Mojil sinks into hole
All of this results in an inverted pyramid heavy with obligations at the top and balanced on a limited-contract base. The company has relied on the state-owned Saudi Arabian Oil Company for construction contracts.
Shell Iraq: Majnoon
“We awarded this contract following a tender process, of which Petrofac emerged the winner. From both a technical and commercial point of view, Petrofac was the most attractive choice for us,” confirms Shell's project manager for Majnoon, Nasser Al-Bader.