Another Petrofac’s subsidiary in Malaysia, Petrofac-RNZ, will work with local supply chain and subcontractors and provide engineering support to the project, according to Shorten. Bintulu is a ...

Petrofac has been struggling to pull together ... of additional finance and that the sale of an upstream asset in Malaysia is in progress, shareholders dumped the stock. At the time of publication ...

KUALA LUMPUR: T7 Global Bhd 's wholly-owned subsidiary Tanjung Offshore Services Sdn Bhd has secured a contract from Petrofac (Malaysia-PM304) Limited for the provision of Pan-Malaysia maintenance ...

Creditors to Petrofac Ltd are opposing its debt restructuring, a proposal the oil services firm says it needs to prevent its collapse into liquidation. Saipem Spa and Samsung E&A Co Ltd argue that ...

Petrofac pointed out in the statement that ... the group’s share in the PM304 Production Sharing Contract (PSC) in Malaysia, the process for which could be completed in Q3 2024”.

Losses at embattled oil services provider Petrofac almost doubled to more than $400m (£314m) during 2023 after its delayed accounts were finally published. In what Petrofac has described as a ...

high voltage direct current platform consisting of topside and jacket from Petrofac International (UAE) LLC. In a filing with Bursa Malaysia, the group said the project, named the Nederwiek 1 ...

Learn More. The share price fall is related to concerns over Petrofac’s financial position. Recently, a number of brokers including Berenberg and JP Morgan have flagged balance sheet concerns.

LONDON - Petrofac Limited (LSE:LON:PFC), an international service provider to the energy industry, has announced significant ...

Petrofac Ltd. POFCY, a London-based oilfield services firm, is set to undergo major financial restructuring. The company has reached an agreement with a few important stakeholders and decided to ...

Petrofac Ltd. POFCY has announced a six-month contract extension with DDW Offshore for Skandi Emerald, an anchor-handling tug supply (AHTS) vessel. DDW Offshore, a subsidiary of Akastor, signed ...