The companies have signed a legally binding sale and purchase agreement with Angola’s state-owned oil company for a total consideration of US$335.5 million.
Petrofac has been appointed by PDC as the Decommissioning Services Provider in a contract valued at around US$200m.
The company has secured new renewable electricity supplies for its operated assets in Germany, reducing emissions by more than 11 000 t of CO2 per year.
The companies aim to expand the toolset for real-time quality control of stimulation performance with a focus on maximising value to E&P operators.