Oil & gas service provider Petrofac has been awarded an engineering, procurement and construction (EPC) contract by Gazprom Neft for the first phase of the Badra Oilfield Development Project in Iraq.
The $330m lump-sum contract will see Petrofac provide detailed design, construction, commissioning and start-up work on the Badra development's central processing facility, which comprises three crude oil processing trains.
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‘Inheritance tax insurance’ enquiries are soaring – but is it worth it?Premiums for whole of life insurance can run to £5,000 a month to cover a £300,000 inheritance tax bill, with policies costing more the older you take them out.
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MPs warn over Lifetime ISAs which could leave savers out of pocketThe Treasury Committee has highlighted confusion around the Lifetime ISA withdrawal charge, which risks consumers losing “a significant part of their savings”
