UK's Petrofac Earns $300M In North Sea Oil Services Deals

Law360, New York (August 23, 2013, 2:54 PM EDT) -- U.K. oil field services firm Petrofac Ltd. said Friday that it was awarded a pair of contracts worth a combined $300 million with EnQuest PLC to provide services for four of the U.K. oil production company’s ventures in the North Sea.

Petrofac said it was awarded contracts to provide operations, maintenance and support services for EnQuest for the company’s Thistle, Heather and Northern Producer offshore oil platforms, as well as its floating production and storage vessel, EnQuest Producer, which will soon be deployed on EnQuest’s Alma/Galia...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.