Petrofac Emirates

PETROFAC EMIRATES
http://www.petrofacemirates.ae/

Company Information
Petrofac Emirates is a joint venture established in 2008 between Mubadala Petroleum Services Company LLC (owned by Mubadala Development Co.) and Petrofac International Ltd.[i]

Contact Information
7th Floor, Mazyad Mall, Building 1
Mohamed Bin Zayed City
P.O. Box: 9398
Abu Dhabi, United Arab Emirates
T: +971 2 553 2990
F: +971 2 553 2995

Current Scope of Operations
In December 2009, Petrofac Emirates secured a highly coveted contract with Turkmengaz to construct a gas plant, pipelines and infrastructure for the development of the South Yolotan field. [ii] Approximately $100 million reportedly was spent by Petrofac Emirates on the preliminary phase of the project. The second phase of development, which is worth $3.4 billion, began in December 2010 and is expected to last 31.5 months.[iii] This phase of development will result in an annual pumping capacity of 10 billion cubic meters, which could later be doubled. In early March 2011, Petrofac announced that the first gas supplies from the South Yolotan field will begin in late 2013.[iv]

Petrofac was a “Bronze Sponsor”of the 2010 Turkmenistan International Oil and Gas Conference, a “Bronze Sponsor” of the 2011 Turkmenistan Gas Conference,  and a “Bronze Sponsor” of the 2012 Turkmenistan International Oil and Gas Conference.[v]

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[i] Petrofac Emirates, An Introduction to Petrofac Emirates, http://www.petrofacemirates.ae/FullStoryTouts.aspx?m=3. Accessed January 7, 2011. Now at: http://petrofacemirates.ae/en/About.aspx.

[ii] Tamsin Carlisle, “Mubadala Starts Phase Two of Yoloten,” The National, 24 Dec. 2010,http://www.thenational.ae/business/mubadala-starts-phase-two-of-yoloten. Accessed January 7, 2011.

[iii] Petrofac, “Petrofac to Commence US$3.4 Billion Second Phase of Turkmenistan Contract,” 22 Dec. 2010, Accessed January 7, 2011.

[iv] Eduard Gismatullin, “Turkmenistan South Yoloten Field to Supply Gas to China in 2013,”Bloomberg, 7 Mar. 2011. http://www.bloomberg.com/news/2011-03-07/turkmenistan-south-yoloten-field-to-supply-gas-to-china-in-2013.html. Accessed March 7, 2011.

[v] 17th Turkmenistan International Oil and Gas Conference, “Sponsors,” Turkmenistan International Oil and Gas Conference; http://www.oilgasturkmenistan.com/sponsors. Accessed July 5, 2012.