16-09-2013
Petrofac signs $120M agreement to deliver world-class training capabilities for PETRONAS
International oil and gas services provider Petrofac has signed a US$120m agreement with PETRONAS, the Malaysian National Oil Company, for the operation and management of two high-specification training facilities that Petrofac is building to support PETRONAS’ workforce capability enhancement programme.
Petrofac is currently constructing two “live” upstream plant training facilities, and a “live” downstream facility, which will supplement existing facilities at the Institut Teknologi Petroleum Petronas (INSTEP) training academy.
Under the latest phase of the agreement, Petrofac will undertake the ongoing management and operation of the two upstream facilities, which are capable of training 500 delegates each year, for the next five years with an option to extend for a further two years.
The agreement follows an earlier Memorandum of Understanding between Petrofac and PETRONAS aimed at exploring how the companies could collaborate in competency development and capability building. The operations and management components of the agreement, to be delivered by Petrofac Training Services (PTS), marks the largest contract win in the history of PTS.
Andy Inglis, Chief Executive of Petrofac Integrated Energy Services, commented: “We are delighted that we are continuing to build on the existing relationship with our long-term customer PETRONAS to support its goal of enhancing Malaysian workforce capability in the oil and gas sector. Training is a core part of the IES offer and the award of our biggest training contract to date demonstrates our growing scale in an area which international and national oil companies have high on their agendas. The creation of this regional centre of excellence will enable PETRONAS to ensure the development of a highly-skilled resource pool to meet its own and industry needs now and in the decades ahead.”
News Category:
-
Beyond processbook & PI vision: Exploring today’s industrial analytics tools
(Webinar) - In the Manufacturing 4.0 era, industrial organizations have more data at their fingertips than ever, offering the promise of higher production rates, more ...
04-06-2024
-
Worley awarded Bayou Bend CCS carbon capture and storage facility contract
We’ve been selected to design and evaluate CO2 gathering, handling and sequestration facilities located along the Gulf Coast in Southeast Texas. Bayou Bend ...
13-05-2024
-
Black & Veatch delivers feasibility study for Andes Energy LNG Terminal
Global liquefied natural gas (LNG) infrastructure solutions leader Black & Veatch has completed a feasibility study for the planned Andes Energy Terminal, LNG regasification ...
09-05-2024
-
Shell to sell interest in Singapore Energy and Chemicals Park to CAPGC
Shell Singapore Pte Ltd, a subsidiary of Shell plc, has reached an agreement to sell its Energy and Chemicals Park in Singapore to CAPGC Pte. Ltd., a joint venture company ...
08-05-2024
-
Integrated Global Services recognized for role in mega turnaround
Integrated Global Services has been recognized as a major contributor to the successful Ras Tanura Refinery 2024 Mega Turnaround and Inspection for Saudi Arabian Energy ...
08-05-2024
-
BASF invests in capacity expansion of Basoflux® range of paraffin inhibitors
BASF plans to expand the global production capacity of its Basoflux® range of paraffin inhibitors at its site in Tarragona, Spain. This investment will enable BASF’s ...
07-05-2024
-
Ebara Elliott Energy to provide compressor for SAF project in Thailand
Ebara Elliott Energy, formerly Elliott Group, announces it has been contracted to provide a motor-driven recycle compressor with a variable frequency drive (VFD) for ...
07-05-2024
-
ETH Zurich select hte to provide high throughput test system designed for CO2 electroreduction
hte – the high throughput experimentation company was awarded a contract by the technical university ETH Zurich to provide a high throughput test system designed for ...
07-05-2024
-
TotalEnergies and Sinopec strengthen cooperation
On the occasion of the state visit to France by the President of the People's Republic of China, TotalEnergies, represented by Patrick Pouyanné, Chairman and CEO, and ...
07-05-2024
-
IPP enters agreement to market ammonia, methanol and melamine plants in Ludwigshafen
BASF and International Process Plants (IPP), a global leader in the acquisition and sale of process plants and equipment, have entered an agreement to market ammonia, ...
06-05-2024