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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Petrofac Limited | LSE:PFC | London | Ordinary Share | GB00B0H2K534 | ORD USD0.02 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 24.20 | 24.30 | 24.70 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Oil & Gas Field Services,nec | 2.59B | -310M | -0.5996 | -0.41 | 125.63M |
From Apr 2019 to Apr 2024
By Razak Musah Baba
LONDON--Petrofac Ltd.'s (PFC.LN) joint venture with Samsung Engineering (028050.SE) has won a contract worth $2 billion with Duqm Refinery and Petrochemical Industries LLC in southern Oman.
Petrofac said Friday that work on the 47-month project would commence shortly, subject to financial closure and full notice to proceed from Duqm Refinery.
Petrofac and Samsung will conduct the engineering, procurement, construction, commissioning, training and start-up operations at Duqm.
Petrofac shares at 1015 GMT up 5.9 pence, or 1.3%, at 449.9 pence, valuing the company at 1.56 billion pounds ($2.06 billion).
-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet
(END) Dow Jones Newswires
August 04, 2017 06:43 ET (10:43 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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