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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
  2.20 1.52% 147.20 147.50 147.70 148.10 143.80 144.40 3,760,184 16:35:03
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil Equipment Services & Distribution 2,984.9 -125.1 -39.1 - 509

Petrofac Share Discussion Threads

Showing 16926 to 16947 of 18500 messages
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DateSubjectAuthorDiscuss
02/3/2021
08:39
Be nice to hear of some new contracts which should come soon as oil rises and we all come out of the deep freeze.... Several major things play into Petrofacs hands if they all come to fruition... If the Supercycle arrives it will need an enormous amount of work to produce infrastructure and products. All of which are Petrofac are business Biden has committed to spending who knows how much on green energy. This will definitely be replicated through the world. Petrofac are in this field and I’m sure will look to expand their presence.. And of course the usual stuff we talk about which has a limited shelf life and may give us a huge bounce or a drop. Personally with all we know I think it looks favourable for Petrofac but as always it’s what we don’t know that gets us.....
petrich
02/3/2021
08:03
cyber,,, Yes not sure why his legal team did not bring up the Supreme Court ruling, and tried to challenge the evidence, not studied the case but its done and dusted now, the SFO will be pleased, still think they will hang this out as some sort of punishment to PFC, if they think Lufkin has a chance of getting off.,
wardy333
01/3/2021
20:11
@Wardy333.... Depends on the evidence that was submitted I suppose. I'm sure Bonds' legal team would have taken any recourse, especially if evidence submitted was deemed inadmissible. I suspect in this case it wasn't evidence obtained from overseas (or could be evidence submitted prior to the precedent set by the KBRcase?) but based on evidence already held, particularly the evidence gathered by the DoJ and US Authorities in relation to the Ahsani family. As to whether this is the end of the Unaoil case, I'm not sure but it looks like it from the SFO case page: hTTps://www.sfo.gov.uk/cases/unaoil/
cybernest53
01/3/2021
18:18
What I can't understand is why Bonds legal team have not asked for evidence to be made inadmissible, they have just let the case roll on, so makes me think Lufkin will get the same or am I missing something. Very strange why the delay and for so long on the Lufkin case, SFO have concluded the Unaoil case by the looks.,
wardy333
01/3/2021
17:55
PFC 2, SFO 0
leoneobull
01/3/2021
17:34
Exactly Petrich... As I conjectured in my post on 19th Feb (16627): "The Lufkin adjournment came a day or so after the SFO were ruled against in the KBR Case on 5th Feb: "The Serious Fraud Office’s ability to compel evidence from overseas was dealt a blow in the Supreme Court on Friday in a ruling that underlines the limits of its powers to tackle the increasing cross-border nature of financial crime. “This is a serious blow to the SFO. Without being able to use its [Section 2 powers] overseas, the agency finds itself in a peculiar position of having the power to prosecute overseas companies/individuals, but with limited powers to investigate them,� said Kyle Phillips, a criminal lawyer at Fieldfisher, adding: “When the [Criminal Justice] Act was created in the 80s the world was a smaller place.�; hTTps://www.ft.com/content/0f5dd7b2-5f6d-422e-a887-4356af54d592 I suspect the 'redirect' in Lufkin's case is related to this ruling. I would also suggest any pending case, in relation to the SFO investigation of PFC is pretty much scuppered as any evidence gathered would have to involve overseas documentation... now deemed inadmissible! I would not be surprised to hear from the SFO in relation to the PFC investigation long before June and the Lufkin case's redirection. But of course, I'm no expert but that's how I'm reading things. As they say, WTFDIK!"
cybernest53
01/3/2021
17:26
And that is the big big question.... Why, when someone has pleased guilty and turned up to get his sentence would you go ..... Stop Complete change of plan... "I will delay this case for 5 months and then review the case and consider whether there needs to be further information or action taken by the parties, Cafcass or anyone else". I would suggest which is pretty obvious something very major has occured to cause this.... I would be suprised if its anything to do with new evidence or statements as surely they have had 4 years for that.I also would have thought that Lufkin would have done any kind of plea for info deal a long time ago.... So its either something completely new left field that we dont know about or is it to do with the recent ruling on forgeign evidence ? Any thoughts ?? Oh to know which one ???
petrich
01/3/2021
17:20
Briton jailed over the plot to pay bribes for #Iraq oil contract. The jailing of Paul Bond on Monday is the fourth successful prosecution by the @UKSFO following the exposure of the systematic use of multimillion-dollar bribes #Unaoilhttps://t.co/BdKhuRpkuS
sbb1x
01/3/2021
16:49
Lufkin is not a 'case review'. The sentencing was adjourned on the 11th February to 6th June 2021 for a Judge's redirection. Big difference!
cybernest53
01/3/2021
14:36
thanks twixy
comedy
01/3/2021
13:47
Brent price needs a little bit of consolidation at lower levels.
pepepepe73
01/3/2021
10:39
There isn't one - a case review is scheduled for June.
twixy
01/3/2021
10:30
guys can someone please remind me, what date has now been set for sentencing?
comedy
01/3/2021
10:23
Judging by the way this is languishing it looks like investors really are waiting for SFO clarification even if that takes months
dealy
01/3/2021
08:16
With Joes stimulus package ob the way should be a much better day today.... Be interesting to see what new contracts Petrofac wins now that the oil industry is opening or will they win a few more new energy ones. It is an amazing time to be in their industry and if they are as good as they say we should hopefully do very very well...... New man at the top with a very decent pedigree as well.....Heres to Petrofac....
petrich
01/3/2021
08:01
ffs its only words on a otherwise blank page, get a life........ WJ.
w1ndjammer
28/2/2021
16:46
Apologies; this parasite runs a ramp pump and dump syndicate over on the Dorkside thread and has Trolled me for months after exposing his syndicate scams. He is nothing more than a women hater, would hate to see how he treats his wife. Here you will see him skulking back to the Dorkside doing his ritual rope a dope jig: https://www.youtube.com/watch?v=J2KH7q71xeY&list=RDmDFBTdToRmw&index=7&ab_channel=%D0%A2%D0%B0%D0%BD%D1%86%D1%83%D1%8E%D1%89%D0%B8%D0%B9%D0%98%D0%BD%D0%BE%D0%BF%D0%BB%D0%B0%D0%BD%D0%B5%D1%82%D1%8F%D0%BD%D0%B8%D0%BD
fizzmiss
28/2/2021
16:31
Blimey, Thats friendly for a Sunday..... Another day of Petrofac making money....Tomorrow looks a little calmer and kinder.... Roll of £2, £3, £4, £5.........End of 2022...Well you never know.....
petrich
27/2/2021
12:29
Yeah, the ultra honest Saudis wouldn't touch anything dodgy.......
dealy
27/2/2021
11:56
Pending what the fine is and what happens in June?
fizzmiss
27/2/2021
10:39
We bid for 10$ billion of work in Saudi and didnt get a sniff so the sooner this is all over the better.... https://www.ft.com/content/a0d04dcc-9715-11e9-9573-ee5cbb98ed36
petrich
27/2/2021
10:37
This is quite old but has all the details..... hxxps://www.constructionweekonline.com/business/169225-former-petrofac-senior-exec-pleads-guilty-to-epc-contract-bribery-oil-projects-in-saudi-arabia-iraq
petrich
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