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Petrofac Facilities Management Asia Pacific Sdn Bhd (Petrofac), part of the Petrofac Group, has been awarded a US$220 million contract by PETRONAS Carigali Sdn Bhd, a subsidiary of PETRONAS, the Malaysian national oil company, for the refurbishment ...
PETROFAC LIMITED : Petrofac Signs Agreement with Universiti Teknologi ...
Petrofac, the international oil & gas service provider, has signed two memoranda of understanding (MoU) with Universiti Teknologi Malaysia (UTM).
Risk and reward: The world's most dangerous business locations
Convenience is not a priority when it comes to commodities. Drilling and exploration often takes place in war-torn, risky environments and none more so than Somalia.
IEA warns on shale gas rules
The shale gas revolution risks being limited or even halted unless the industry agrees to tougher environmental rules and becomes much more transparent about its operations, the International Energy Agency warns on Tuesday.
Cape recruits new chief executive
Cape has ended its search for a chief executive by hiring Joe Oatley from Hamworthy, sending shares in the oil and gas services provider up 8 per cent.
BP battles against perception of drift
With the sudden departure of its chief executive on Monday, TNK-BP, BP's Russia joint venture, is heading towards an uncertain future.
Higher bills likely as LNG heads to Asia
The completion of Japan's nuclear shutdown raises the threat of higher winter gas prices and bigger energy bills for UK consumers as cargoes of liquefied natural gas are diverted to Asia.
PTT swoops with higher bid for Cove
Cove, whose prime asset is a 8.5 per cent stake in a large gasfield off Mozambique, confirmed on Wednesday that it had switched its recommendation to the Thai group in spite of arguing as late as Monday that shareholders should back Shell's 220p per ...
Rangers in crisis: American Bill Miller withdraws deal to buy Ibrox club.. as ...
Miller said: "As soon as I was announced as preferred bidder for Rangers, my team began to press ahead with our due diligence.
DEO faces backlash over Parkmead takeover
DEO Petroleum (DEO) has agreed terms to its takeover by AIM -listed emerging independent oil and gas company Parkmead (PMG). DEO is an AIM-listed independent oil and gas appraisal and development company focused on the UK Continental Shelf ...