Latest Petrofac Stories

2014-07-07 08:22:43

THE WOODLANDS, Texas, July 7, 2014 /PRNewswire/ -- CB&I (NYSE: CBI) announced today that it has been awarded a contract valued in excess of $60 million by Petrofac Saudi Arabia Co. Ltd. The project scope includes the engineering, procurement and construction of product storage spheres at a grassroots refinery being constructed in Saudi Arabia. "We currently are constructing crude oil storage tanks for Petrofac at the same project site," said Luke Scorsone, President of...

2014-06-26 08:22:27

- Petrofac and First Reserve to create PetroFirst Infrastructure Partners to deploy capital both in purchasing a number of existing assets from Petrofac's IES division, as well as in new energy infrastructure projects that utilise Petrofac's development capability GREENWICH, Conn., HOUSTON, LONDON, and HONG KONG, June 26, 2014 /PRNewswire/ -- Petrofac, the international service provider to the oil and gas industry, has entered into a Framework Agreement (the 'Agreement') with...

2014-05-05 08:21:06

Accredited by OPITO and accepted by Shell, new course is among first offered in North America DALLAS, May 5, 2014 /PRNewswire/ -- Raytheon Professional Services LLC, (RPS), a subsidiary of Raytheon Company (NYSE: RTN), and Petrofac Training Services announced a first-of-its-kind offering under their jointly owned Hi-Con Training program. The new Tropical Helicopter Underwater Escape Training (THUET) course is being launched at the Offshore Technology Conference (OTC) in Houston, May...

2011-11-16 04:03:19

Astronauts and oil field workers will share a training facility at NASA's Johnson Space Center in Houston thanks to a new agreement that takes advantage of excess capacity at the agency's underwater training pool. Raytheon Technical Services Co. of Dulles, Va., NASA's contractor for operations at the Sonny Carter Training Facility Neutral Buoyancy Laboratory (NBL) near Johnson, has signed an agreement to partner with Petrofac Training Services in Houston. Petrofac will use the NBL to...

Word of the Day
  • A beast of burden; also, a beast in general.
'Jument' ultimately comes from the Latin 'jugum,' yoke.