First Reserve enters $1.25 billion energy infrastructure deal with Petrofac

 Energy and Related Services

Petrofac, the international other service provider to the oil and gas industry, has entered into a Framework Agreement with First Reserve, the global energy-focused infrastructure investment firm, to create PetroFirst Infrastructure Partners program. The new undertaking aims to set up capital both in acquiring a number of existing assets from Petrofac’s Integrated Energy Services (IES) division as well as in new energy infrastructure projects that uses Petrofac’s development efficiency.Read complete story at http://www.tendersontime.com/blog-detail/first-reserve-enters-125-billion-energyfrastructure-deal-petrofac-81.php