Killajoules

In Salah Southern Fields EPC contract signed
Statoil, BP and Sonatrach have signed a USD 1.15 billion engineering, procurement and construction (EPC) contract with Petrofac International (UAE) LLC in Algiers for the execution of the In Salah Southern Fields development project.

Petrofac Awarded Shell Contract in Iraq
Petrofac, the international oil & gas facilities service provider, can confirm it has been awarded a contract, in excess of US$240 million by Shell Iraq Petroleum Development B.V. for developments in the Majnoon Field, Southern Iraq.

Petrofac to Lead Development of Berantai Field For Petronas
Petrofac, the international oil & gas facilities service provider, announces that it has signed a Risk Service Contract (RSC) to lead the development of the Berantai field, - offshore Peninsular Malaysia, for Petroliam Nasional Berhad (‘PETRONAS’), the Malaysian national oil company.

Petrofac Awarded US$1.2 Billion Project in Algeria
Petrofac, the international oil & gas facilities service provider, has been awarded a US$1.2 billion lump-sum engineering, procurement and construction (EPC) contract by In Salah Gas (ISG), an association between Sonatrach, BP and Statoil, to develop southern fields in the In Salah development.

Petrofac Awarded US$280 Million Offshore Contract by Petronas in Malaysia
Petrofac, the international oil & gas facilities service provider, has been awarded a contract by Petronas Carigali Sdn Bhd for the development of the SEPAT offshore early production system on the East coast of Peninsular Malaysia. The contract, which is valued at approximately US$280 million, was awarded following a competitive tender and first oil is expected before the end of 2011.

Petrofac to Commence US$3.4 Billion Second Phase of Turkmenistan Contract
Petrofac, the international oil & gas facilities service provider, confirms that following successful completion of the first phase of the South Yoloten project for Turkmengas, the state-owned national gas company of Turkmenistan, it has commenced work on the second phase of the project, worth US$3.4 billion.

Petrofac Acquires Interest in UK Gas Storage Company
Petrofac, the international oil & gas facilities service provider, announces that it has acquired a 20% interest in Gateway Storage Company Limited (Gateway), to progress and develop the Gateway Gas Storage project in the East Irish Sea. The cash consideration could be up to £33 million over time, funded from cash resources. This is split into a fixed upfront payment and additional contingent payments subject to key project development milestones being achieved, including the outcome of a further successful equity sales process.

Strategic Alliance with Seven Energy
Petrofac, the international oil & gas facilities service provider, has entered into a strategic alliance with Seven Energy International Limited (‘Seven Energy’), a leading Nigerian production and development company.

Petrofac Awarded £40 Million North Sea Engineering Services Contract by Maersk Oil
Petrofac, the international oil & gas facilities service provider, has been awarded a contract worth £40 million over three years for the provision of engineering services to the UK Continental Shelf assets of Maersk Oil North Sea UK Ltd (Maersk Oil). Work will begin immediately on the contract, which was awarded following a competitive tender and includes three one-year options for extension.

Petrofac and Shell Agree Partnership for North Sea CCS Project
CO2DeepStore, part of the Petrofac group, has signed an agreement with Shell U.K Limited (Shell) in respect of the re-development of the Goldeneye gas field in the North Sea, as a potential CO2 storage facility.