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Petrofac Emirates developing $3.4bn projects in Abu Dhabi 
 
New projects worth $3.4 billion (Dh12.5bn) are being developed in Abu Dhabi by Petrofac Emirates, a joint venture between Mubadala Petroleum Services and international facilities service provider Petrofac.

The projects include development of Shah, Habshan and Shas oil and gas fields, said CEO Peter Warner.

"This is a good time for investment in the oil and gas sector," Warner told Emirates Business.
Wednesday 21 October, 2009 05:18 PM
 
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