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BP Extends Petrofac's (POFCY) Contract for North Sea Operations
Zacks via Yahoo News· 2 months agoBP plc BP has awarded a contract extension to Petrofac Limited POFCY, to continue supporting BP’s...
UK union says Petrofac workers to strike at Repsol, BP
Reuters via Yahoo News· 2 years ago(Reuters) - Petrofac employees working on Repsol installations in the North Sea will take part in a 48-hour strike action from Thursday, Britain's Unite labour union said. Repsol platforms affected ...
Oilfield services firm Petrofac mulls asset sale; warns on cash flow
Reuters via Yahoo News· 7 months agoThe London-listed firm blamed delays in collecting advance payments on the new contracts it secured in 2023 for the warning. "While the group has made progress in reaching contractual settlements ...
UK's Petrofac says still grappling with challenging contracts, shares tumble
Reuters via Yahoo News· 3 months agoPerformance guarantees refer to a commitment to honour the terms of the deal. After a boom in orders due to high oil prices in 2022, Petrofac has been struggling with payment delays and cost ...
Saipem (SAPMF) Expands Fleet With New JSD6000 Heavy Lift Vessel
Zacks via Yahoo News· 4 weeks agoSaipem (SAPMF) is set to enhance its offshore capabilities with the new JSD6000 vessel, boasting a...
Oil stocks power FTSE 100 to over two-month high
Reuters via Yahoo News· 2 years ago(Reuters) -The FTSE 100 jumped to a two-month high on Tuesday, as oil stocks bounced back following a bullish comment on the sector by a brokerage and...
FTSE 100 rises after BoJ shock, commodity stocks support
Reuters via Yahoo News· 2 years ago(Reuters) -UK's blue-chip FTSE 100 edged higher on Tuesday, as rising shares of oil and mining...
FTSE 100 hits two-week high as concerns about banking crisis ease
Reuters via Yahoo News· 1 year ago(Reuters) -British stocks rose in a broad-based rally on Thursday, as risk-on sentiment prevailed...
