focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPetrofac Share News (PFC)

  • This share is currently suspended. It was suspended at a price of 10.50

Share Price Information for Petrofac (PFC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 10.50
Bid: 0.00
Ask: 0.00
Change: 0.00 (0.00%)
Spread: 0.00 (0.00%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 10.50
PFC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: Marula Mining to acquire 70% interest in Future Gems

Tue, 03rd Oct 2023 17:55

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

----------

Marula Mining PLC - Africa-focused mining investment company - Announces that itself and its wholly-owned South African subsidiary, Marula Lithium Mining South Africa Pty Ltd, have entered into binding heads of agreement with South African mining and exploration companies Opencast Resources Pty Ltd and Future Gems Pty Ltd. The heads of agreement is to secure a 70% interest in Future Gems from Opencast Resources, the holder of the Korridor 21 prospecting right in the Northern Cape province of South Africa. Acquisition to be satisfied through an initial consideration of GBP125,000 in Marula shares along with a cash payment of up to USD50,000.

----------

Gran Tierra Energy Inc - company focused on oil and gas exploration and production in Colombia and Ecuador - Announces the early participation results of its previously announced offer to exchange any and all of the outstanding 6.25% senior notes due 2025 issued by Gran Tierra Energy International Holdings Ltd on February 15, 2018, and any and all of the outstanding 7.75% senior notes due 2027 issued by Gran Tierra Energy on May 23, 2019, for newly issued 9.50% senior secured amortizing notes due 2029. Says USD247.6 million in aggregate principal amount outstanding of the 2025 notes, representing around 91% of the total principal amount outstanding of the notes, and USD274.2 million in aggregate principal amount outstanding of the 2027 notes, representing approximately 91% of the total principal amount outstanding of the notes, had been validly tendered for exchange.

----------

Petrofac Ltd- St Heller, Jersey-headquartered service provider to the energy industry - Wins an engineering, procurement and construction contract from ADNOC Gas, part of Abu Dhabi National Oil Co, for its Habshan carbon capture, utilisation and storage project. The contract is valued at more than USD600 million and involves the delivery of carbon capture units, associated pipeline infrastructure and a network of wells for carbon dioxide recovery and injection.

----------

RBG Holdings PLC - London-based legal and professional services firm - Notes that Dowgate Wealth Ltd now holds 7.9% of the voting right attached to its shares, up from no interest previously.

----------

By Heather Rydings, Alliance News senior economics reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
8 Mar 2024 07:38

Petrofac secures $200m contract with Turkemengas

(Sharecast News) - Petrofac said on Friday that it has been awarded a three-year operations contract from Turkemengas at the Galkynysh Gas Field, in Turkmenistan.

Read more
5 Mar 2024 14:18

Petrofac progresses talks and non-core asset sales amid ongoing review

(Alliance News) - Petrofac Ltd on Tuesday said "active" discussions are progressing with its stakeholders as part of its ongoing review of its strategic and financial options.

Read more
5 Mar 2024 10:00

Petrofac's creditor talks continue as firm looks to strengthen balance sheet

(Sharecast News) - Petrofac has said that work to bolster its balance sheet is ongoing as it continues to have active discussions with stakeholders and lenders for performance guarantees in order to fund ongoing work.

Read more
2 Jan 2024 10:07

SMALL-CAP WINNERS & LOSERS: CMC Markets up, Petrofac sheds some gains

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

Read more
28 Dec 2023 09:49

SMALL-CAP WINNERS & LOSERS: Robert Walters rises after tough 2023

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

Read more
27 Dec 2023 09:47

SMALL-CAP WINNERS & LOSERS: Canadian Overseas up as brief CEO resigns

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

Read more
21 Dec 2023 09:47

SMALL-CAP WINNERS & LOSERS: Capital hails record MSALabs contract

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

Read more
20 Dec 2023 17:12

UK's FTSE 100 touches near 7-month high as BoE rate cut bets gain traction

FTSE 100 up 1.0%, FTSE 250 adds 1.6%

*

Read more
20 Dec 2023 17:11

LONDON MARKET CLOSE: Stocks in festive mood after inflation surprise

(Alliance News) - Stocks in London soared on Wednesday, outperforming European peers, after a sharp drop in the annual rate of UK inflation fuelled hopes for interest rate cuts next year.

Read more
20 Dec 2023 17:04

LONDON MARKET CLOSE: Slowing UK consumer inflation lifts local stocks

(Alliance News) - Stock prices in London closed up on Wednesday as local consumer price inflation slowing faster than expected boosted investor sentiment.

Read more
20 Dec 2023 15:05

London close: Stocks rise as UK inflation slows further

(Sharecast News) - London's stock markets saw a notable upswing on Wednesday, driven by encouraging data revealing a greater-than-anticipated slowdown in UK inflation for November.

Read more
20 Dec 2023 11:56

LONDON MARKET MIDDAY: Stocks sparkle thanks to UK inflation data

(Alliance News) - Stock prices in London were higher at midday Wednesday, as investors felt the festive cheer thanks to cooler-than-expected inflation data for the UK.

Read more
20 Dec 2023 10:43

Petrofac shares soar on "healthy" trading and new Hitachi deal

(Alliance News) - Petrofac Ltd on Wednesday announced a mixed but robust performance this year, and announced a new contract with Hitachi Energy.

Read more
20 Dec 2023 10:19

SMALL-CAP WINNERS & LOSERS: Petrofac soars on USD1.4 billion contract

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

Read more
20 Dec 2023 09:11

UK's Petrofac secures performance guarantees, boosting shares

Dec 20 (Reuters) - Petrofac said it received a performance guarantee for the first contract with Dutch electricity firm TenneT and agreed terms for its ADNOC Gas deal, sending the oilfield services provider's shares up as much as 59% on Wednesday.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.