Petrofac Takes Reins of Dubai's Offshore Oil & Gas Assets

Petrofac, the international oil & gas facilities service provider, has assumed full operational responsibility for well and facilities management of Dubai's offshore oil and gas assets on behalf of Dubai Petroleum Establishment (DPE), an entity wholly owned by the government of Dubai. This follows an eight-month process during which DPE, Petrofac and outgoing concession-holders Dubai Petroleum Company have worked side-by-side to ensure a smooth and safe transition of operatorship and control.

The Dubai offshore assets comprise four offshore oil fields with around 70 platforms, operated by some 600 staff now absorbed into Petrofac and further supported by a large number of specialist contractors.

Rob Pinchbeck, chief executive of Petrofac's Operations Services division, noted: "We are delighted today to welcome into the Petrofac team many new colleagues and proud to be part of this landmark development in Dubai's petroleum industry. We look forward to serving the new Dubai Petroleum and to working with our customer to extend and enhance production."

For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Mudlogger - NE Region
Expertise: Mud Logging
Location: Pennsylvania, PA
 
Equipment Operator - San Antonio
Expertise: Coil Tubing|Driller|Production Operator
Location: San Antonio, TX
 
Pump Operator San Antonio
Expertise: Coil Tubing
Location: San Antonio, TX
 
search for more jobs

Brent Crude Oil : $51.46/BBL 4.63%
Light Crude Oil : $48.9/BBL 4.78%
Natural Gas : $3.18/MMBtu 0.90%
Updated in last 24 hours