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Petrofac Ltd (PFC.L)

PFC.L on London Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Petrofac Gets A $600 Million Project In Algeria
Wednesday, 29 Aug 2018 

Aug 29 (Reuters) - Petrofac Ltd ::PETROFAC AWARDED US$600 MILLION PROJECT IN ALGERIA.FORMAL CONTRACT SIGNING IS EXPECTED TO TAKE PLACE IN SEPTEMBER 2018 .  Full Article

Petrofac Awarded $370 Million Contract By Basra Oil Company
Monday, 13 Aug 2018 

Aug 13 (Reuters) - Petrofac Ltd ::PETROFAC LIMITED - PETROFAC AWARDED BASRA OIL COMPANY EPC CONTRACT.PETROFAC AWARDED BASRA OIL COMPANY EPC CONTRACT.PETROFAC - AWARDED CONTRACT WORTH AROUND US$370 MILLION BY BASRA OIL COMPANY (BOC).PETROFAC - CONTRACT IS FOR EXPANSION OF CENTRAL PROCESSING FACILITY (CPF), LOCATED IN MAJNOON FIELD, SOUTHERN IRAQ.PETROFAC - SCOPE OF WORK FOR BASRA OIL COMPANY PROJECT INCLUDES TWO OIL PROCESSING TRAINS, ABLE TO PROCESS 200 KBOPD.  Full Article

Petrofac Says TSE Petrofac JV Secures PMC Services Contract In Turkey
Thursday, 19 Jul 2018 

July 19 (Reuters) - Petrofac Ltd ::TSE PETROFAC JV SECURES PMC SERVICES CONTRACT IN TURKEY.SECURED THREE-YEAR CONTRACT IN SUPPORT OF BOTAŞ NORTH MARMARA UNDERGROUND GAS STORAGE EXPANSION PROJECT (PHASE III) IN TURKEY.  Full Article

Petrofac Limited Says Co Awarded Dutch Offshore Wind Contract
Tuesday, 10 Jul 2018 

July 10 (Reuters) - Petrofac Ltd ::PETROFAC AWARDED DUTCH OFFSHORE WIND CONTRACT.WILL BE RESPONSIBLE FOR EPCI OF THIRD AND FOURTH SUBSTATIONS WHICH HAVE A TOTAL CONTRACT VALUE OF APPROXIMATELY US$200 MILLION.  Full Article

Petrofac's Unit Secures Well Project Management Contract In New Zealand
Thursday, 28 Jun 2018 

June 28 (Reuters) - Petrofac Ltd ::PETROFAC SECURES WELL PROJECT MANAGEMENT CONTRACT IN NEW ZEALAND.UNIT ENGINEERING AND PRODUCTION SERVICES BUSINESS RECEIVES AWARD OF WELL PROJECT MANAGEMENT CONTRACT FROM TAMARIND TARANKI LTD.  Full Article

Petrofac Limited Agreees To Sell Entire 45 Pct Interest In Chergui Asset To Perenco
Thursday, 28 Jun 2018 

June 28 (Reuters) - Petrofac Ltd ::DISPOSAL OF CHERGUI ASSET.DIVESTING NON-CORE ASSETS AND FOLLOWS RECENT DISPOSAL OF JSD6000 OFFSHORE PIPELAYING VESSEL PROJECT.HAS AGREED SALE OF ITS ENTIRE 45% INTEREST IN CHERGUI ASSET IN TUNISIA TO PERENCO.ALL CHERGUI EMPLOYEES WILL TRANSFER TO PERENCO AS PART OF TRANSACTION.PETROFAC IS EXPECTED TO BOOK A SMALL GAIN ON TRANSACTION..  Full Article

Petrofac Ltd Says Trading In Line With Expectations
Tuesday, 26 Jun 2018 

June 26 (Reuters) - Petrofac Ltd ::PETROFAC LTD - TRADING IN LINE WITH EXPECTATIONS.PETROFAC LTD - NEW ORDER INTAKE OF US$1.8 BILLION IN YEAR TO DATE.PETROFAC LTD - NET DEBT IS EXPECTED TO BE AROUND US$0.9 BILLION AT 30 JUNE 2018 IN LINE WITH EXPECTATIONS.PETROFAC LTD - "WE ARE WELL POSITIONED FOR SECOND HALF WITH GOOD REVENUE VISIBILITY ".  Full Article

Petrofac Says Making Good Progress On Delivering Organic Growth In 2018
Friday, 18 May 2018 

May 18 (Reuters) - Petrofac Ltd ::PETROFAC - CONTINUE TO MAKE GOOD PROGRESS IN 2018 DELIVERING STRATEGY OF FOCUSING ON CORE BUSINESS, DELIVERING ORGANIC GROWTH AND REDUCING CAPITAL INTENSITY.PETROFAC LTD - TENDERING ACTIVITY REMAINS HIGH AND GROUP HAS BEEN AWARDED MORE THAN US$1.7 BILLION OF NEW ORDERS IN YEAR TO DATE.PETROFAC LTD - CONTINUE TO RETAIN STRONG LIQUIDITY.  Full Article

Petrofac Sells Jsd6000 Project To Shanghai Zhenhua Heavy Industries
Tuesday, 24 Apr 2018 

April 24 (Reuters) - PETROFAC LTD ::PETROFAC SELLS JSD6000 PROJECT TO ZPMC.PETROFAC INTERNATIONAL (UAE) LLC HAS SIGNED AN AGREEMENT TO SELL JSD6000 PROJECT TO SHANGHAI ZHENHUA HEAVY INDUSTRIES CO LTD (ZPMC).TRANSACTION COMPRISES SALE OF ALL JSD6000 RELATED ASSETS HELD BY PETROFAC.DEAL FOR A GROSS CONSIDERATION OF US$190 MILLION AND A 10% INTEREST IN A NEW SPECIAL PURPOSE VEHICLE SET UP TO OWN VESSEL ONCE COMMISSIONED.PETROFAC WILL NOT CONTRIBUTE TO COST OF CONSTRUCTION, COMMISSIONING OR TESTING OF VESSEL.  Full Article

Al Hassan Engineering Signs Contract With Petrofac For Salalah LPG Project
Monday, 26 Mar 2018 

March 26 (Reuters) - AL HASSAN ENGINEERING CO ::SIGNS LETTER OF AWARD FROM PETROFAC FOR CIVIL, MECHANICAL, ELECTRICAL & INSTRUMENTATION WORKS OF SALALAH LPG PROJECT PACKAGE 2 FOR ABOUT $35 MILLION.PROJECT PERIOD WILL BE OF ABOUT 22 MONTHS STARTING FROM MARCH 25, CO EXPECTS REASONABLE INCOME FROM PROJECT.  Full Article

Ex-divs to take 0.3 points off FTSE 100 on Sept 20

MILAN, Sept 17 The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, the effect of the resulting adjustment to prices by market-makers would take 0.34 points off the index. COMPANY (RIC) DIVIDEND STOCK IMPACT (pence) OPTION