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Additional Information
Market: LSE
Sector: Support Services
EPIC: PFC
Latest Price: 1,471.00p  (-0.41% Descending)
52-week High: 1,606.00p
52-week Low: 1,045.00p
Market Cap: 5,087.04M
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Petrofac
www.petrofac.com
Petrofac is a leading international provider of facilities solutions to the oil & gas production and processing industry, with a diverse customer portfolio including many of the world’s leading integrated, independent and national oil & gas companies. Petrofac is quoted on the London Stock Exchange (symbol: PFC) and is a constituent of the FTSE 100 Index.  
 
The group delivers services through seven business units: Engineering & Construction, Engineering & Construction Ventures, Engineering Services, Offshore Engineering & Operations, Training, Production Solutions and Energy Developments.
 
Through these businesses Petrofac designs and builds oil & gas facilities; operates, maintains and manages facilities and trains personnel; enhances production; and, where it can leverage its service capability, develops and co-invests in upstream and infrastructure projects. Petrofac’s range of services meets its customers’ needs across the full life cycle of oil & gas assets.

 


Full Petrofac profile here
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Petrofac wins US$350 mln gas compression deal for Oman’s Kauther field

2nd Jul 2009, 8:26 am Petrofac wins US$350 mln gas compression deal for Oman’s Kauther field

Oil & gas facilities service provider Petrofac Ltd (LSE: PFC) said it won a contract worth more than US$350 million for the Kauther gas-field depletion-compression project from Petroleum Development Oman on behalf of the Sultanate’s government.

Petrofac will undertake the engineering, procurement and construction (EPC) of the gas compression system, and associated facilities at the Kauther gas plant, in addition to undertaking the commissioning and six months of initial operations.

The project follows the successful completion of the Kauther gas plant in 2007, which Petrofac built on an EPC basis for PDO, including commissioning and operations. 

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