Petrofac Share News (PFC)

Norway wealth fund excludes Power Construction Corp of China

OSLO, July 6 (Reuters) - Norway's $1.4 trillion sovereign wealth fund has excluded Power Construction Corp of China from its portfolio and placed London-listed Petrofac under observation.

Norway wealth fund excludes Power Construction Corp of China

OSLO, July 6 (Reuters) - Norway's $1.4 trillion sovereign wealth fund said on Thursday it has excluded Power Construction Corp of China Ltd from its portfolio.

LONDON BROKER RATINGS: Dunelm, AstraZeneca and Persimmon cut

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

LONDON BRIEFING: Sainsbury's sales up; Eurowag buys more of JITpay

(Alliance News) - Stocks in London are to open a touch lower on Tuesday, with little in the way of catalysts for global markets, given a lack of major data and a holiday in the US.

SMALL-CAP WINNERS & LOSERS: Petrofac rises after Abu Dhabi order win

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

LONDON BROKER RATINGS: Stifel cuts Croda International to 'hold'

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

London stocks gain on financial boost; post quarterly loss

UK economy grew 0.1% in Q1 - ONS final estimate

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LONDON MARKET CLOSE: Tech shines as investors cheer US inflation ease

(Alliance News) - Stock prices in Europe closed higher on Friday, while tech shares surged in New York, after a cooler US inflation reading offered hope that the end of the Federal Reserve's hiking cycle is closer.

LONDON MARKET MIDDAY: FTSE 100 rising as tough quarter draws to close

(Alliance News) - Stock prices in London were on the up heading into Friday afternoon, managing a solid gain in the final morning of a tough quarter for equity markets.

SMALL-CAP WINNERS & LOSERS: Petrofac gets USD700 million UAE contract

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

IN BRIEF: Petrofac wins USD700 million contract in Abu Dhabi

Petrofac Ltd - London-headquartered energy infrastructure company with core markets in Middle East and North Africa - Selected by Abu Dhabi National Oil Co subsidiary Adnoc Gas Processing for the engineering, procurement and construction of a new gas processor plant at Adnoc's Habshan complex, west of Abu Dhabi. Contract is valued at about USD700 million. New plant will comprise three gas compressor trains and support substantial increase in gas output from Habshan. Petrofac has had a presence in the UAE since 1991.

LONDON BROKER RATINGS: Exane cuts Ashtead; Investec likes De La Rue

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

LONDON BROKER RATINGS: Admiral on JPMorgan 'negative catalyst watch'

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

IN BRIEF: Trinity Exploration appoints Petrofac for "fresh look" study

Trinity Exploration & Production PLC - independent exploration and production company focused on Trinidad and Tobago - Says that it has appointed Petrofac Ltd to undertake a concept-screening study for the development of further reserves in its Galeota Block, offshore East Coast Trinidad. The Galeota Block contains resources of 46.1 million barrels of oil equivalent, and is the company's largest asset.

Petrofac reports substantial increase in backlog

(Sharecast News) - Energy service provider Petrofac reported a substantial increase in its backlog in an update on Tuesday, as well as strong order intake and performance in line with expectations for its Asset Solutions and Integrated Energy Services (IES) divisions.