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Petrofac News

Hitachi and Petrofac to work on TenneT offshore power conversion stations

AMSTERDAM, Jan 13 (Reuters) - TenneT, the Dutch-German electricity grid operator, has struck an agreement for Hitachi Energy and Petrofac to work on...

UK union says Petrofac workers to strike at Repsol, BP

Dec 22 (Reuters) - Petrofac employees working on Repsol installations in the North Sea will take part in a 48-hour strike action from Thursday, Brit...

LONDON MARKET CLOSE: FTSE 100 higher thanks to mining, oil stocks

(Alliance News) - Stock prices in London closed broadly lower on Tuesday, though the FTSE 100 made a slight gain thanks to a strong performance from m...

Petrofac's 2023 outlook underperforms against analyst expectations

(Alliance News) - Petrofac Ltd on Tuesday said for 2023 it expected an annual loss before interest and tax, especially in engineering and construction...

LONDON MARKET MIDDAY: FTSE 100 finds support from mining and oil

(Alliance News) - The FTSE 100 had perked up slightly to be nearly flat by midday on Tuesday, as miners and oil companies performed well, though equit...

SMALL-CAP WINNERS & LOSERS: Petrofac shares fall on expected loss

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.

Petrofac expects annual loss, led by Engineering & Construction

(Alliance News) - Petrofac Ltd on Tuesday said it expects an annual loss before interest and taxes, especially in engineering and construction, due to...

LONDON BROKER RATINGS: UBS cuts Sage; Goldman, Jefferies like Ithaca

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning: