http://new.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2026, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Mon, 24 Aug 2026 05:07:12 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://new.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Corporate+News/CB%26I+wins+%2450M-%24100M+FPSO+contract+in+C%C3%B4te+d%27Ivoire/26963538.html <p>CB&I's Asset Solutions business has been awarded a three-year operations and maintenance contract offshore Côte d'Ivoire, according to a press release issued Aug. 24, 2026.</p> <p>The contract, valued between $50 million and $100 million, covers the safe operation, maintenance, integrity management, and regulatory compliance of a Floating Production, Storage and Offloading (FPSO) vessel. The client was not identified, in accordance with the customer's standard communications policy.</p> <p>CB&I will assume responsibility following a structured transition from the incumbent service provider. Its scope includes safe restart and stabilization of operations, life-of-field asset integrity and reliability, and class certification.</p> <p>Sandy Merson, Senior Vice President of Asset http://www.streetinsider.com/Corporate+News/CB%26I+wins+%2450M-%24100M+FPSO+contract+in+C%C3%B4te+d%27Ivoire/26963538.html Mon, 24 Aug 2026 05:07:12 -0400 O.01675473 POFCF POFCY http://www.streetinsider.com/Corporate+News/CB%26I+wins+%2450M-%24100M+FPSO+contract+in+C%C3%B4te+d%27Ivoire/26963538.html <p>CB&I's Asset Solutions business has been awarded a three-year operations and maintenance contract offshore Côte d'Ivoire, according to a press release issued Aug. 24, 2026.</p> <p>The contract, valued between $50 million and $100 million, covers the safe operation, maintenance, integrity management, and regulatory compliance of a Floating Production, Storage and Offloading (FPSO) vessel. The client was not identified, in accordance with the customer's standard communications policy.</p> <p>CB&I will assume responsibility following a structured transition from the incumbent service provider. Its scope includes safe restart and stabilization of operations, life-of-field asset integrity and reliability, and class certification.</p> <p>Sandy Merson, Senior Vice President of Asset http://www.streetinsider.com/Corporate+News/CB%26I+wins+%2450M-%24100M+FPSO+contract+in+C%C3%B4te+d%27Ivoire/26963538.html Mon, 24 Aug 2026 05:07:12 -0400 O.01675473 POFCF POFCY http://www.streetinsider.com/Corporate+News/CB%26I+wins+%2450M-%24100M+FPSO+contract+in+C%C3%B4te+d%27Ivoire/26963538.html <p>CB&I's Asset Solutions business has been awarded a three-year operations and maintenance contract offshore Côte d'Ivoire, according to a press release issued Aug. 24, 2026.</p> <p>The contract, valued between $50 million and $100 million, covers the safe operation, maintenance, integrity management, and regulatory compliance of a Floating Production, Storage and Offloading (FPSO) vessel. The client was not identified, in accordance with the customer's standard communications policy.</p> <p>CB&I will assume responsibility following a structured transition from the incumbent service provider. Its scope includes safe restart and stabilization of operations, life-of-field asset integrity and reliability, and class certification.</p> <p>Sandy Merson, Senior Vice President of Asset http://www.streetinsider.com/Corporate+News/CB%26I+wins+%2450M-%24100M+FPSO+contract+in+C%C3%B4te+d%27Ivoire/26963538.html Mon, 24 Aug 2026 05:07:12 -0400 O.01675473 POFCF POFCY http://www.streetinsider.com/Press+Releases/CB%26amp%3BI+secures+new+C%C3%B4te+d%27Ivoire+operations+and+maintenance+contract/26963535.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/gb.sco.aberde" idsrc="xmltag.org" >ABERDEEN, United Kingdom</location></span>, <span class="legendSpanClass"><chron>Aug. 24, 2026</chron></span> /PRNewswire/ -- CB&amp;I's Asset Solutions business (formerly part of <span value="OTC-PINK:POFCF" idsrc="xmltag.org" >Petrofac</span>) has been awarded a <b>large* three-year contract in Côte d'Ivoire</b>, for the provision of operations and maintenance services.  </p> <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p> <img src="https://mmx.prnewswire.com/media/MS1635659/CBI-RGB-Logo.jpg?id=OA2906025" title="CB&amp;I Logo" alt="CB&amp;I Logo" /> http://www.streetinsider.com/Press+Releases/CB%26amp%3BI+secures+new+C%C3%B4te+d%27Ivoire+operations+and+maintenance+contract/26963535.html Mon, 24 Aug 2026 05:06:00 -0400 O.01675473 POFCF POFCY http://www.streetinsider.com/Press+Releases/CB%26amp%3BI+secures+new+C%C3%B4te+d%27Ivoire+operations+and+maintenance+contract/26963535.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/gb.sco.aberde" idsrc="xmltag.org" >ABERDEEN, United Kingdom</location></span>, <span class="legendSpanClass"><chron>Aug. 24, 2026</chron></span> /PRNewswire/ -- CB&amp;I's Asset Solutions business (formerly part of <span value="OTC-PINK:POFCF" idsrc="xmltag.org" >Petrofac</span>) has been awarded a <b>large* three-year contract in Côte d'Ivoire</b>, for the provision of operations and maintenance services.  </p> <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p> <img src="https://mmx.prnewswire.com/media/MS1635659/CBI-RGB-Logo.jpg?id=OA2906025" title="CB&amp;I Logo" alt="CB&amp;I Logo" /> http://www.streetinsider.com/Press+Releases/CB%26amp%3BI+secures+new+C%C3%B4te+d%27Ivoire+operations+and+maintenance+contract/26963535.html Mon, 24 Aug 2026 05:06:00 -0400 O.01675473 POFCF POFCY http://www.streetinsider.com/Press+Releases/CB%26amp%3BI+secures+new+C%C3%B4te+d%27Ivoire+operations+and+maintenance+contract/26963535.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/gb.sco.aberde" idsrc="xmltag.org" >ABERDEEN, United Kingdom</location></span>, <span class="legendSpanClass"><chron>Aug. 24, 2026</chron></span> /PRNewswire/ -- CB&amp;I's Asset Solutions business (formerly part of <span value="OTC-PINK:POFCF" idsrc="xmltag.org" >Petrofac</span>) has been awarded a <b>large* three-year contract in Côte d'Ivoire</b>, for the provision of operations and maintenance services.  </p> <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p> <img src="https://mmx.prnewswire.com/media/MS1635659/CBI-RGB-Logo.jpg?id=OA2906025" title="CB&amp;I Logo" alt="CB&amp;I Logo" /> http://www.streetinsider.com/Press+Releases/CB%26amp%3BI+secures+new+C%C3%B4te+d%27Ivoire+operations+and+maintenance+contract/26963535.html Mon, 24 Aug 2026 05:06:00 -0400 O.01675473 POFCF POFCY http://www.streetinsider.com/PRNewswire/CB%26amp%3BI+secures+new+C%C3%B4te+d%27Ivoire+operations+and+maintenance+contract/26963535.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/gb.sco.aberde" idsrc="xmltag.org" >ABERDEEN, United Kingdom</location></span>, <span class="legendSpanClass"><chron>Aug. 24, 2026</chron></span> /PRNewswire/ -- CB&amp;I's Asset Solutions business (formerly part of <span value="OTC-PINK:POFCF" idsrc="xmltag.org" >Petrofac</span>) has been awarded a <b>large* three-year contract in Côte d'Ivoire</b>, for the provision of operations and maintenance services.  </p> <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p> <img src="https://mmx.prnewswire.com/media/MS1635659/CBI-RGB-Logo.jpg?id=OA2906025" title="CB&amp;I Logo" alt="CB&amp;I Logo" /> http://www.streetinsider.com/PRNewswire/CB%26amp%3BI+secures+new+C%C3%B4te+d%27Ivoire+operations+and+maintenance+contract/26963535.html Mon, 24 Aug 2026 05:06:00 -0400 O.01675473 POFCF POFCY http://www.streetinsider.com/PRNewswire/CB%26amp%3BI+secures+new+C%C3%B4te+d%27Ivoire+operations+and+maintenance+contract/26963535.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/gb.sco.aberde" idsrc="xmltag.org" >ABERDEEN, United Kingdom</location></span>, <span class="legendSpanClass"><chron>Aug. 24, 2026</chron></span> /PRNewswire/ -- CB&amp;I's Asset Solutions business (formerly part of <span value="OTC-PINK:POFCF" idsrc="xmltag.org" >Petrofac</span>) has been awarded a <b>large* three-year contract in Côte d'Ivoire</b>, for the provision of operations and maintenance services.  </p> <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p> <img src="https://mmx.prnewswire.com/media/MS1635659/CBI-RGB-Logo.jpg?id=OA2906025" title="CB&amp;I Logo" alt="CB&amp;I Logo" /> http://www.streetinsider.com/PRNewswire/CB%26amp%3BI+secures+new+C%C3%B4te+d%27Ivoire+operations+and+maintenance+contract/26963535.html Mon, 24 Aug 2026 05:06:00 -0400 O.01675473 POFCF POFCY http://www.streetinsider.com/PRNewswire/CB%26amp%3BI+secures+new+C%C3%B4te+d%27Ivoire+operations+and+maintenance+contract/26963535.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/gb.sco.aberde" idsrc="xmltag.org" >ABERDEEN, United Kingdom</location></span>, <span class="legendSpanClass"><chron>Aug. 24, 2026</chron></span> /PRNewswire/ -- CB&amp;I's Asset Solutions business (formerly part of <span value="OTC-PINK:POFCF" idsrc="xmltag.org" >Petrofac</span>) has been awarded a <b>large* three-year contract in Côte d'Ivoire</b>, for the provision of operations and maintenance services.  </p> <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p> <img src="https://mmx.prnewswire.com/media/MS1635659/CBI-RGB-Logo.jpg?id=OA2906025" title="CB&amp;I Logo" alt="CB&amp;I Logo" /> http://www.streetinsider.com/PRNewswire/CB%26amp%3BI+secures+new+C%C3%B4te+d%27Ivoire+operations+and+maintenance+contract/26963535.html Mon, 24 Aug 2026 05:06:00 -0400 O.01675473 POFCF POFCY http://www.streetinsider.com/Press+Releases/CB%26amp%3BI+CONTINUES+GROWTH+IN+MIDDLE+EAST+WITH+NEW+ABU+DHABI+WELLS+CONTRACT/26828804.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/gb.sco.aberde" idsrc="xmltag.org" >ABERDEEN, United Kingdom</location></span>, <span class="legendSpanClass"><chron>July 29, 2026</chron></span> /PRNewswire/ -- CB&amp;I's Asset Solutions business (formerly part of <span value="OTC-PINK:POFCF" idsrc="xmltag.org" >Petrofac</span>) has secured a new contract with <span>Cosmo E&amp;P Albahriya Limited</span> ("Cosmo") in the <location value="LC/ae" idsrc="xmltag.org" >United Arab Emirates</location> (<location value="LC/ae" idsrc="xmltag.org" >UAE</location>).  </p> <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p> <img src="https://mmx.prnewswire.com/media/MS1635659/CBI-RGB-Logo.jpg?id=OA2798081" title="CB&amp;I Logo" alt="CB&amp;I Logo" /> http://www.streetinsider.com/Press+Releases/CB%26amp%3BI+CONTINUES+GROWTH+IN+MIDDLE+EAST+WITH+NEW+ABU+DHABI+WELLS+CONTRACT/26828804.html Wed, 29 Jul 2026 00:00:00 -0400 O.01675473 POFCF POFCY http://www.streetinsider.com/Press+Releases/CB%26amp%3BI+CONTINUES+GROWTH+IN+MIDDLE+EAST+WITH+NEW+ABU+DHABI+WELLS+CONTRACT/26828804.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/gb.sco.aberde" idsrc="xmltag.org" >ABERDEEN, United Kingdom</location></span>, <span class="legendSpanClass"><chron>July 29, 2026</chron></span> /PRNewswire/ -- CB&amp;I's Asset Solutions business (formerly part of <span value="OTC-PINK:POFCF" idsrc="xmltag.org" >Petrofac</span>) has secured a new contract with <span>Cosmo E&amp;P Albahriya Limited</span> ("Cosmo") in the <location value="LC/ae" idsrc="xmltag.org" >United Arab Emirates</location> (<location value="LC/ae" idsrc="xmltag.org" >UAE</location>).  </p> <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p> <img src="https://mmx.prnewswire.com/media/MS1635659/CBI-RGB-Logo.jpg?id=OA2798081" title="CB&amp;I Logo" alt="CB&amp;I Logo" /> http://www.streetinsider.com/Press+Releases/CB%26amp%3BI+CONTINUES+GROWTH+IN+MIDDLE+EAST+WITH+NEW+ABU+DHABI+WELLS+CONTRACT/26828804.html Wed, 29 Jul 2026 00:00:00 -0400 O.01675473 POFCF POFCY http://www.streetinsider.com/Press+Releases/CB%26amp%3BI+CONTINUES+GROWTH+IN+MIDDLE+EAST+WITH+NEW+ABU+DHABI+WELLS+CONTRACT/26828804.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/gb.sco.aberde" idsrc="xmltag.org" >ABERDEEN, United Kingdom</location></span>, <span class="legendSpanClass"><chron>July 29, 2026</chron></span> /PRNewswire/ -- CB&amp;I's Asset Solutions business (formerly part of <span value="OTC-PINK:POFCF" idsrc="xmltag.org" >Petrofac</span>) has secured a new contract with <span>Cosmo E&amp;P Albahriya Limited</span> ("Cosmo") in the <location value="LC/ae" idsrc="xmltag.org" >United Arab Emirates</location> (<location value="LC/ae" idsrc="xmltag.org" >UAE</location>).  </p> <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p> <img src="https://mmx.prnewswire.com/media/MS1635659/CBI-RGB-Logo.jpg?id=OA2798081" title="CB&amp;I Logo" alt="CB&amp;I Logo" /> http://www.streetinsider.com/Press+Releases/CB%26amp%3BI+CONTINUES+GROWTH+IN+MIDDLE+EAST+WITH+NEW+ABU+DHABI+WELLS+CONTRACT/26828804.html Wed, 29 Jul 2026 00:00:00 -0400 O.01675473 POFCF POFCY http://www.streetinsider.com/PRNewswire/CB%26amp%3BI+CONTINUES+GROWTH+IN+MIDDLE+EAST+WITH+NEW+ABU+DHABI+WELLS+CONTRACT/26828804.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/gb.sco.aberde" idsrc="xmltag.org" >ABERDEEN, United Kingdom</location></span>, <span class="legendSpanClass"><chron>July 29, 2026</chron></span> /PRNewswire/ -- CB&amp;I's Asset Solutions business (formerly part of <span value="OTC-PINK:POFCF" idsrc="xmltag.org" >Petrofac</span>) has secured a new contract with <span>Cosmo E&amp;P Albahriya Limited</span> ("Cosmo") in the <location value="LC/ae" idsrc="xmltag.org" >United Arab Emirates</location> (<location value="LC/ae" idsrc="xmltag.org" >UAE</location>).  </p> <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p> <img src="https://mmx.prnewswire.com/media/MS1635659/CBI-RGB-Logo.jpg?id=OA2798081" title="CB&amp;I Logo" alt="CB&amp;I Logo" /> http://www.streetinsider.com/PRNewswire/CB%26amp%3BI+CONTINUES+GROWTH+IN+MIDDLE+EAST+WITH+NEW+ABU+DHABI+WELLS+CONTRACT/26828804.html Wed, 29 Jul 2026 00:00:00 -0400 O.01675473 POFCF POFCY http://www.streetinsider.com/PRNewswire/CB%26amp%3BI+CONTINUES+GROWTH+IN+MIDDLE+EAST+WITH+NEW+ABU+DHABI+WELLS+CONTRACT/26828804.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/gb.sco.aberde" idsrc="xmltag.org" >ABERDEEN, United Kingdom</location></span>, <span class="legendSpanClass"><chron>July 29, 2026</chron></span> /PRNewswire/ -- CB&amp;I's Asset Solutions business (formerly part of <span value="OTC-PINK:POFCF" idsrc="xmltag.org" >Petrofac</span>) has secured a new contract with <span>Cosmo E&amp;P Albahriya Limited</span> ("Cosmo") in the <location value="LC/ae" idsrc="xmltag.org" >United Arab Emirates</location> (<location value="LC/ae" idsrc="xmltag.org" >UAE</location>).  </p> <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p> <img src="https://mmx.prnewswire.com/media/MS1635659/CBI-RGB-Logo.jpg?id=OA2798081" title="CB&amp;I Logo" alt="CB&amp;I Logo" /> http://www.streetinsider.com/PRNewswire/CB%26amp%3BI+CONTINUES+GROWTH+IN+MIDDLE+EAST+WITH+NEW+ABU+DHABI+WELLS+CONTRACT/26828804.html Wed, 29 Jul 2026 00:00:00 -0400 O.01675473 POFCF POFCY http://www.streetinsider.com/PRNewswire/CB%26amp%3BI+CONTINUES+GROWTH+IN+MIDDLE+EAST+WITH+NEW+ABU+DHABI+WELLS+CONTRACT/26828804.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/gb.sco.aberde" idsrc="xmltag.org" >ABERDEEN, United Kingdom</location></span>, <span class="legendSpanClass"><chron>July 29, 2026</chron></span> /PRNewswire/ -- CB&amp;I's Asset Solutions business (formerly part of <span value="OTC-PINK:POFCF" idsrc="xmltag.org" >Petrofac</span>) has secured a new contract with <span>Cosmo E&amp;P Albahriya Limited</span> ("Cosmo") in the <location value="LC/ae" idsrc="xmltag.org" >United Arab Emirates</location> (<location value="LC/ae" idsrc="xmltag.org" >UAE</location>).  </p> <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p> <img src="https://mmx.prnewswire.com/media/MS1635659/CBI-RGB-Logo.jpg?id=OA2798081" title="CB&amp;I Logo" alt="CB&amp;I Logo" /> http://www.streetinsider.com/PRNewswire/CB%26amp%3BI+CONTINUES+GROWTH+IN+MIDDLE+EAST+WITH+NEW+ABU+DHABI+WELLS+CONTRACT/26828804.html Wed, 29 Jul 2026 00:00:00 -0400 O.01675473 POFCF POFCY http://www.streetinsider.com/Press+Releases/CB%26amp%3BI+TO+COMPLETE+KITTIWAKE+JOURNEY+WITH+LIFE+OF+FIELD+CONTRACT+AWARD/26775335.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/gb.sco.aberde" idsrc="xmltag.org" >ABERDEEN, Scotland</location></span>, <span class="legendSpanClass"><chron>July 16, 2026</chron></span> /PRNewswire/ -- CB&amp;I's Asset Solutions business (formerly part of <span value="OTC-PINK:POFCF" idsrc="xmltag.org" >Petrofac</span>) has secured a further contract with EnQuest to continue managing the Kittiwake asset in the <location>UK North Sea</location> as Duty Holder through to cessation of production (COP) and decommissioning.</p> <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p> <img src="https://mmx.prnewswire.com/media/MS1883695/CB-I-STS-Delaware-LLC-Kittiwake-Asset-UK-North-Sea.jpg?id=OA2765307" title="Kittiwake Asset, UK North Sea http://www.streetinsider.com/Press+Releases/CB%26amp%3BI+TO+COMPLETE+KITTIWAKE+JOURNEY+WITH+LIFE+OF+FIELD+CONTRACT+AWARD/26775335.html Thu, 16 Jul 2026 00:30:00 -0400 O.01675473 POFCF POFCY http://www.streetinsider.com/Press+Releases/CB%26amp%3BI+TO+COMPLETE+KITTIWAKE+JOURNEY+WITH+LIFE+OF+FIELD+CONTRACT+AWARD/26775335.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/gb.sco.aberde" idsrc="xmltag.org" >ABERDEEN, Scotland</location></span>, <span class="legendSpanClass"><chron>July 16, 2026</chron></span> /PRNewswire/ -- CB&amp;I's Asset Solutions business (formerly part of <span value="OTC-PINK:POFCF" idsrc="xmltag.org" >Petrofac</span>) has secured a further contract with EnQuest to continue managing the Kittiwake asset in the <location>UK North Sea</location> as Duty Holder through to cessation of production (COP) and decommissioning.</p> <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p> <img src="https://mmx.prnewswire.com/media/MS1883695/CB-I-STS-Delaware-LLC-Kittiwake-Asset-UK-North-Sea.jpg?id=OA2765307" title="Kittiwake Asset, UK North Sea http://www.streetinsider.com/Press+Releases/CB%26amp%3BI+TO+COMPLETE+KITTIWAKE+JOURNEY+WITH+LIFE+OF+FIELD+CONTRACT+AWARD/26775335.html Thu, 16 Jul 2026 00:30:00 -0400 O.01675473 POFCF POFCY http://www.streetinsider.com/Press+Releases/CB%26amp%3BI+TO+COMPLETE+KITTIWAKE+JOURNEY+WITH+LIFE+OF+FIELD+CONTRACT+AWARD/26775335.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/gb.sco.aberde" idsrc="xmltag.org" >ABERDEEN, Scotland</location></span>, <span class="legendSpanClass"><chron>July 16, 2026</chron></span> /PRNewswire/ -- CB&amp;I's Asset Solutions business (formerly part of <span value="OTC-PINK:POFCF" idsrc="xmltag.org" >Petrofac</span>) has secured a further contract with EnQuest to continue managing the Kittiwake asset in the <location>UK North Sea</location> as Duty Holder through to cessation of production (COP) and decommissioning.</p> <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p> <img src="https://mmx.prnewswire.com/media/MS1883695/CB-I-STS-Delaware-LLC-Kittiwake-Asset-UK-North-Sea.jpg?id=OA2765307" title="Kittiwake Asset, UK North Sea http://www.streetinsider.com/Press+Releases/CB%26amp%3BI+TO+COMPLETE+KITTIWAKE+JOURNEY+WITH+LIFE+OF+FIELD+CONTRACT+AWARD/26775335.html Thu, 16 Jul 2026 00:30:00 -0400 O.01675473 POFCF POFCY http://www.streetinsider.com/PRNewswire/CB%26amp%3BI+TO+COMPLETE+KITTIWAKE+JOURNEY+WITH+LIFE+OF+FIELD+CONTRACT+AWARD/26775335.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/gb.sco.aberde" idsrc="xmltag.org" >ABERDEEN, Scotland</location></span>, <span class="legendSpanClass"><chron>July 16, 2026</chron></span> /PRNewswire/ -- CB&amp;I's Asset Solutions business (formerly part of <span value="OTC-PINK:POFCF" idsrc="xmltag.org" >Petrofac</span>) has secured a further contract with EnQuest to continue managing the Kittiwake asset in the <location>UK North Sea</location> as Duty Holder through to cessation of production (COP) and decommissioning.</p> <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p> <img src="https://mmx.prnewswire.com/media/MS1883695/CB-I-STS-Delaware-LLC-Kittiwake-Asset-UK-North-Sea.jpg?id=OA2765307" title="Kittiwake Asset, UK North Sea http://www.streetinsider.com/PRNewswire/CB%26amp%3BI+TO+COMPLETE+KITTIWAKE+JOURNEY+WITH+LIFE+OF+FIELD+CONTRACT+AWARD/26775335.html Thu, 16 Jul 2026 00:30:00 -0400 O.01675473 POFCF POFCY http://www.streetinsider.com/PRNewswire/CB%26amp%3BI+TO+COMPLETE+KITTIWAKE+JOURNEY+WITH+LIFE+OF+FIELD+CONTRACT+AWARD/26775335.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/gb.sco.aberde" idsrc="xmltag.org" >ABERDEEN, Scotland</location></span>, <span class="legendSpanClass"><chron>July 16, 2026</chron></span> /PRNewswire/ -- CB&amp;I's Asset Solutions business (formerly part of <span value="OTC-PINK:POFCF" idsrc="xmltag.org" >Petrofac</span>) has secured a further contract with EnQuest to continue managing the Kittiwake asset in the <location>UK North Sea</location> as Duty Holder through to cessation of production (COP) and decommissioning.</p> <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p> <img src="https://mmx.prnewswire.com/media/MS1883695/CB-I-STS-Delaware-LLC-Kittiwake-Asset-UK-North-Sea.jpg?id=OA2765307" title="Kittiwake Asset, UK North Sea http://www.streetinsider.com/PRNewswire/CB%26amp%3BI+TO+COMPLETE+KITTIWAKE+JOURNEY+WITH+LIFE+OF+FIELD+CONTRACT+AWARD/26775335.html Thu, 16 Jul 2026 00:30:00 -0400 O.01675473 POFCF POFCY http://www.streetinsider.com/PRNewswire/CB%26amp%3BI+TO+COMPLETE+KITTIWAKE+JOURNEY+WITH+LIFE+OF+FIELD+CONTRACT+AWARD/26775335.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/gb.sco.aberde" idsrc="xmltag.org" >ABERDEEN, Scotland</location></span>, <span class="legendSpanClass"><chron>July 16, 2026</chron></span> /PRNewswire/ -- CB&amp;I's Asset Solutions business (formerly part of <span value="OTC-PINK:POFCF" idsrc="xmltag.org" >Petrofac</span>) has secured a further contract with EnQuest to continue managing the Kittiwake asset in the <location>UK North Sea</location> as Duty Holder through to cessation of production (COP) and decommissioning.</p> <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p> <img src="https://mmx.prnewswire.com/media/MS1883695/CB-I-STS-Delaware-LLC-Kittiwake-Asset-UK-North-Sea.jpg?id=OA2765307" title="Kittiwake Asset, UK North Sea http://www.streetinsider.com/PRNewswire/CB%26amp%3BI+TO+COMPLETE+KITTIWAKE+JOURNEY+WITH+LIFE+OF+FIELD+CONTRACT+AWARD/26775335.html Thu, 16 Jul 2026 00:30:00 -0400 O.01675473 POFCF POFCY http://www.streetinsider.com/Mergers+and+Acquisitions/CB%26I+completes+acquisition+of+Petrofac+asset+solutions+business/26293254.html <p>CB&I announced the completion of its acquisition of Petrofac's Asset Solutions business, an operations and maintenance services provider for energy assets. The transaction was initially announced on December 24, 2025.</p> <p>The acquisition adds approximately 3,000 Asset Solutions employees to CB&I's workforce. Petrofac (OTC-PINK:POFCF) Asset Solutions provides operations, maintenance, wells and decommissioning services for onshore and offshore energy facilities.</p> <p>"This acquisition strengthens CB&I's portfolio with a complementary reimbursable contracting business, delivering predictable cash flow and enhancing service capabilities," said Mark Butts, CB&I President and CEO.</p> <p>The sale was structured on a debt-free, cash-free basis. Net proceeds from the transaction will be distributed to Petrofac's http://www.streetinsider.com/Mergers+and+Acquisitions/CB%26I+completes+acquisition+of+Petrofac+asset+solutions+business/26293254.html Thu, 09 Apr 2026 09:08:34 -0400 A.50213652 O.00782432 O.01675473 POFCF POFCY http://www.streetinsider.com/Mergers+and+Acquisitions/CB%26I+completes+acquisition+of+Petrofac+asset+solutions+business/26293254.html <p>CB&I announced the completion of its acquisition of Petrofac's Asset Solutions business, an operations and maintenance services provider for energy assets. The transaction was initially announced on December 24, 2025.</p> <p>The acquisition adds approximately 3,000 Asset Solutions employees to CB&I's workforce. Petrofac (OTC-PINK:POFCF) Asset Solutions provides operations, maintenance, wells and decommissioning services for onshore and offshore energy facilities.</p> <p>"This acquisition strengthens CB&I's portfolio with a complementary reimbursable contracting business, delivering predictable cash flow and enhancing service capabilities," said Mark Butts, CB&I President and CEO.</p> <p>The sale was structured on a debt-free, cash-free basis. Net proceeds from the transaction will be distributed to Petrofac's http://www.streetinsider.com/Mergers+and+Acquisitions/CB%26I+completes+acquisition+of+Petrofac+asset+solutions+business/26293254.html Thu, 09 Apr 2026 09:08:34 -0400 A.50213652 O.00782432 O.01675473 POFCF POFCY http://www.streetinsider.com/Mergers+and+Acquisitions/CB%26I+completes+acquisition+of+Petrofac+asset+solutions+business/26293254.html <p>CB&I announced the completion of its acquisition of Petrofac's Asset Solutions business, an operations and maintenance services provider for energy assets. The transaction was initially announced on December 24, 2025.</p> <p>The acquisition adds approximately 3,000 Asset Solutions employees to CB&I's workforce. Petrofac (OTC-PINK:POFCF) Asset Solutions provides operations, maintenance, wells and decommissioning services for onshore and offshore energy facilities.</p> <p>"This acquisition strengthens CB&I's portfolio with a complementary reimbursable contracting business, delivering predictable cash flow and enhancing service capabilities," said Mark Butts, CB&I President and CEO.</p> <p>The sale was structured on a debt-free, cash-free basis. Net proceeds from the transaction will be distributed to Petrofac's http://www.streetinsider.com/Mergers+and+Acquisitions/CB%26I+completes+acquisition+of+Petrofac+asset+solutions+business/26293254.html Thu, 09 Apr 2026 09:08:34 -0400 A.50213652 O.00782432 O.01675473 POFCF POFCY http://www.streetinsider.com/Mergers+and+Acquisitions/CB%26I+completes+acquisition+of+Petrofac+asset+solutions+business/26293254.html <p>CB&I announced the completion of its acquisition of Petrofac's Asset Solutions business, an operations and maintenance services provider for energy assets. The transaction was initially announced on December 24, 2025.</p> <p>The acquisition adds approximately 3,000 Asset Solutions employees to CB&I's workforce. Petrofac (OTC-PINK:POFCF) Asset Solutions provides operations, maintenance, wells and decommissioning services for onshore and offshore energy facilities.</p> <p>"This acquisition strengthens CB&I's portfolio with a complementary reimbursable contracting business, delivering predictable cash flow and enhancing service capabilities," said Mark Butts, CB&I President and CEO.</p> <p>The sale was structured on a debt-free, cash-free basis. Net proceeds from the transaction will be distributed to Petrofac's http://www.streetinsider.com/Mergers+and+Acquisitions/CB%26I+completes+acquisition+of+Petrofac+asset+solutions+business/26293254.html Thu, 09 Apr 2026 09:08:34 -0400 A.50213652 O.00782432 O.01675473 POFCF POFCY