Petrofac Share Discussion Threads

[ttny2004] 22/8/2024 06:57

https://uk.finance.yahoo.com/news/why-believe-beleaguered-penny-stock-101852402.html

[jaknife] 21/8/2024 13:19

What complete nonsense.

[depester] 21/8/2024 12:06

https://www.fool.co.uk/2024/08/20/why-i-believe-beleaguered-penny-stock-petrofac-is-worth-holding-on-to/

[mj19] 14/8/2024 09:12

Not falling really

[halfpenny] 09/8/2024 07:07

Falling again so How Low How Soon...

Wot a mess...

[action] 08/8/2024 10:16

As per investing.com

[chris cat] 08/8/2024 08:26

ACTION...What makes you think that they are reporting anything?

[action] 08/8/2024 08:17

No news yet. May be 4pm

[action] 07/8/2024 10:19

Dead cat raising its head b4 update.

[action] 06/8/2024 09:22

Update on 08.08.24

[action] 06/8/2024 06:55

Earnings update tomorrow?

[wellbutpoor] 05/8/2024 14:04

PFC could be a much better target....

[geckotheglorious] 05/8/2024 08:50

John Wood plummeted 37%, after suitor Sidara rules out making formal takeover offer.

The Aberdeen, Scotland-based engineering services company explained that the decision is "in light of rising geopolitical risks and financial market uncertainty at this time."

In June, John Wood had received a fourth possible takeover proposal from Sidara last week worth 230 pence per share. Sidara had steadily increased its bid proposal after making an initial approach worth 205p per share which John Wood disclosed in early May.

[midasx] 01/8/2024 20:42

Dutch North Sea Cost 1700X397
01 August 2024
Petrofac expands scope with TotalEnergies on flagship Aramis project
Our Consulting team in Woking, UK has strengthened its position in supporting the Netherlands’ ambitions for CO2 capture and storage with an award from TotalEnergies EP Nederland BV of multi-million-dollar front-end-engineering design (FEED) for a CO2 injection platform.

The project involves the decommissioning of topsides and installation of a new repurposed platform connecting to the Aramis CO2 distribution network.

This follows the award of a FEED to Petrofac earlier this year covering the design of the 32” CO2 trunkline, including onshore, landfall and offshore sections, together with the offshore CO distribution hub platform for the Aramis system. This project is ongoing. This additional scope is a testament to our team’s success in the carbon transport and storage (CCS) sector internationally and reflects our growing expertise in managing the challenges and opportunities in delivering CO2 capture, transport, and storage at scale.

John Pearson, Chief Operating Officer, Energy Transition Projects, Petrofac, commented:

“This award demonstrates confidence in our abilities to provide vital engineering and project delivery expertise to projects that span the CCS value chain. This project, associated with the overall Aramis development, is another key component to the Netherlands’ ambitions to capture millions of tonnes of CO2 from industrial emitters in the region. We are immensely proud to be making an important contribution to these ambitions.”

[dipa11] 01/8/2024 20:24

hTtps://www.oedigital.com/news/515610-petrofac-secures-multi-million-dollar-feed-contract-for-aramis-ccs-project

[hojjat] 01/8/2024 07:31

Asfari is giving way for takeover.

[geckotheglorious] 31/7/2024 16:42

"Asfari is a billionaire that could easily buy the company out and throw enough money at the bondholders to keep the lights on long enough to start earning off the contracts,and still have a few hundred million left over to live off for himself"


Keep dreaming...

[action] 31/7/2024 14:11

I hope so as a long suffering shareholder.

[shinnas] 31/7/2024 13:30

But now asfari out the game can change

[action] 31/7/2024 13:29

According to news reports middle east oil producers were circling. But nothing came to fruition apart from sukers rally....

[shinnas] 31/7/2024 13:11

Asfari out is good news...take over more likely ...infact he may even bid

[shinnas] 31/7/2024 13:09

20p anyone ...been there a few times

[dealy] 31/7/2024 13:01

Asfari out probably a condition of any deal

[wellbutpoor] 31/7/2024 11:04

Positive news