Acquisition of Petrofac's Asset Solutions business by CB&I
Sector: Energy • Location: United States
Source: Upstream Online
US-based CB&I is set to acquire financially troubled Petrofac's Asset Solutions business, which provides operations, maintenance, and decommissioning services for onshore and offshore energy assets. The acquisition aims to reduce Petrofac's mounting debt burden amid an ongoing administration process and strengthen CB&I's portfolio with a complementary reimbursable contracting model business.
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | US-based CB&I is set to acquire financially troubled Petrofac's Asset Solutions business, which provides operations, maintenance, and decommissioning services for onshore and offshore energy assets. The acquisition aims to reduce Petrofac's mounting debt burden amid an ongoing administration process and strengthen CB&I's portfolio with a complementary reimbursable contracting model business. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |