Petrofac Ltd (PFC.L)

PFC.L on London Stock Exchange

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Petrofac Limited is engaged in the provision of facilities solutions to the oil and gas production and processing industry. It operates in four segments: Onshore Engineering & Construction provides engineering, procurement and construction project execution services to the onshore oil & gas industry; Offshore Projects &... (more)


Beta: 1.18
Market Cap (Mil.): £4,861.21
Shares Outstanding (Mil.): 345.91
Dividend: 26.25
Yield (%): --


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BRIEF-Petrofac awarded Oman contract

* Petrofac Ltd - facility will deliver peak export of 4.9 mmsm3/d of sweet gas and 9700 m3/d of condensate Source text for Eikon:

24 Mar 2014

UPDATE 3-Oil services must take on more risk, Petrofac CEO warns

LONDON, Feb 26 - Oil service companies will have to assume more risk in the coming years as investor pressure and a flat crude price make oil company clients push harder to avoid delays on megaprojects, the chief executive of FTSE 100 contractor Petrofac said.

26 Feb 2014

Petrofac beats profit forecast, repeats cautious outlook

LONDON, Feb 26 - British energy services firm Petrofac posted full-year profit ahead of forecasts on Wednesday and repeated a cautious outlook for the year ahead, expecting little or no growth as oil companies cut investment.

26 Feb 2014

BRIEF-Petrofac JV win $3.7 bln Kuwait refrinery contract

Feb 12 - Petrofac Ltd : * Petrofac's share of the contract is $1.7 bln; it will be completed over a period of approximately four years * Received an award notification for Kuwait National Petroleum's clean fuels project, Mina Abdulla refinery in Kuwait * Source text for Eikon: * For more news, please click here

12 Feb 2014

BRIEF-China's Zhenhua Heavy sign contract worth $200 mln with Britain's Petrofac for pipelay vessel

* Says signs contract worth about $200 million with Britain's Petrofac for a deepwater pipelay vessel

16 Jan 2014

BRIEF-Petrofac's IES CEO Andy Inglis to leave

Jan 13 - Petrofac Ltd : * Andy Inglis, chief executive of integrated energy services (IES), will leave at the end of February 2014 * Inglis has been appointed chairman and chief executive at US listed kosmos energy * Rob Jewkes, current md of developments for ies, will assume role of COO of

13 Jan 2014

Britain's FTSE advances, defensive stocks support

LONDON, Dec 11 - Britain's top share index edged higher on Wednesday, with lingering uncertainty over the U.S. Federal Reserve's monetary stimulus programme prompting investors to buy defensive stocks.

11 Dec 2013

Strong growth, dearth of talent make oil engineers hard to buy

LONDON, Dec 5 - Strong growth projections combined with a dearth of talent in the oil and gas sector are making oil services engineering firms tricky takeover targets for bigger cash-rich rivals, investor and banking sources said.

06 Dec 2013

Petrofac says $700 million vessel vital for offshore growth

LONDON, Dec 5 - Oil engineering firm Petrofac sought to reassure investors on Thursday that its plans to spend more than a year's earnings diversifying into offshore pipe-laying services are worthwhile.

05 Dec 2013

Petrofac not interested in acquiring Foster Wheeler: source

LONDON - British oil services group Petrofac is not interested in acquiring Swiss-based engineering company Foster Wheeler , a source familiar with the UK company said on Sunday.

01 Dec 2013

Earnings vs. Estimates

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