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Petrofac report sharp drop in profits Petrofac's projects in Iraq account for around 5% of its revenue.

Petrofac report sharp drop in profits

Shares fall by 3.5%

 •   BP awards $8.5 million contract to Petrofac
 •   Petrofac wins $630mn contract with EnQuest
 •   Petrofac wins $970m Algeria contract

Iran: oil prices will rebound

Brent edges up to $103 per barrel
 

Kuwait Energy looks to increase investment in Iraq

Kurdistan region is a key area of interest from Kuwait Energy
 

Saudi Aramco chief: US shale not a threat

Company expects first shale production in “couple of years”
In Videomore »  


FEATURES

Fluor wins EPC contract from Dow for RO facility

Fluor wins EPC contract from Dow for RO facility
Dow Chemical Company awards Fluor with contract in Jubail, KSA
   

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SBI enters talks to build five jack-up rigs

SBI enters talks to build five jack-up rigs

Discussions have been opened with unknown Middle East-Chinese group
 
 

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Planning to Perfection

Planning to Perfection

Honeywell's RPMS tackles planners' constraints with data variation
 
 

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Eversendai goes for gold

Eversendai goes for gold

Fabrication company takes pride of place as gold sponsor
 
 

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Iraq Force Majeure

Iraq Force Majeure

Recent events in Iraq's political sphere have raised the question
 
 

SPECIAL REPORTS More »

2013 Top EPC Contractors

2013 Top EPC Contractors

Who won the biggest contract of all in the oil industry. Find out...       1 Comments
 
 

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GALLERY: Top 10 biggest oilfields

GALLERY: Top 10 biggest oilfields

The world's biggest onshore and offshore fields.
 
 

PRODUCTS & SERVICES More »

New training and technical guidance resource

New training and technical guidance resource

Energy Institute developed online training and good practice guidance
 
 

VIDEOS More »

HRH Prince of Wales weighs in the Shale debate

HRH Prince of Wales weighs in the Shale debate

HRH The Prince of Wales' centenary message to the Energy Institute
 
 

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