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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)

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Share Price: 10.50
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Change: 0.00 (0.00%)
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Prev. Close: 10.50
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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:

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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.

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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.

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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.

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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.

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By Heather Rydings, Alliance News senior economics reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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FTSE 100 hits two-week high as concerns about banking crisis ease

SSE gains after lifting annual outlook

*

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30 Mar 2023 11:09

TOP NEWS: Petrofac and Hitachi win EUR13 billion wind farm contract

(Alliance News) - Petrofac Ltd and Hitachi Ltd have been awarded a wind farm contract by Dutch-German grid operator TenneT worth EUR13 billion, Petrofac said on Thursday.

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30 Mar 2023 10:42

SMALL-CAP WINNERS & LOSERS: Petrofac rockets on deal; Moonpig flies

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

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30 Mar 2023 10:26

TenneT awards $25 bln in contracts to build North Sea-to-shore connections

AMSTERDAM, March 30 (Reuters) - Dutch state-owned electric grid company TenneT <IPO-TTH.AS> has awarded 11 contracts worth a combined 23 billion euros ($25 billion) to build systems connecting wind farms in the North Sea to shore, it said on Thursday.

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30 Mar 2023 07:46

TenneT awards $25 bln in contracts to build North Sea-to-shore connections

AMSTERDAM, March 30 (Reuters) - Dutch state-owned electric grid company TenneT <IPO-TTH.AS> has awarded 11 contracts worth a collective 23 billion euros ($24.92 billion) to build systems connecting wind farms in the North Sea to shore, it said on Thursday.

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30 Mar 2023 07:24

Petrofac, Hitachi Energy awarded €13bn agreement by TenneT

(Sharecast News) - Petrofac shares rocketed on Thursday after it said that it and Hitachi Energy had been awarded a €13bn framework agreement by Dutch-German electricity grid operator TenneT.

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22 Mar 2023 17:10

North Sea Crude-Troll dips on cheaper cargo offered by Glencore

LONDON, March 22 (Reuters) - North Sea Troll crude differentials inched down on Wednesday, a day after reaching a 10-day high, on the back of cheaper cargo offered by Glencore, while no buyers or sellers of other grades emerged.

Petrofac-run         oil and gas sites have voted to
support a strike over pay, meaning 1,500 offshore workers across
British North Sea could be on strike within weeks.
* The BP Petrofac installations set to be hit by strike action include Andrew, Clair, Clair Ridge, ETAP, and the Glen
Lyon floating production, storage and offloading (FPSO)
facility.
operational staff at the oil major's French refineries and depots were on strike Wednesday morning, a spokesperson said.

Read more
22 Mar 2023 11:21

Unite says BP Petrofac workers to support North Sea strikes over pay

March 22 (Reuters) - UK's Unite the union on Wednesday said that its members at BP Petrofac sites have voted to support a strike over pay at oil and gas facilities in the North Sea.

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22 Mar 2023 09:19

Unite says BP Petrofac workers vote to support strike action

March 22 (Reuters) - UK's Unite the union on Wednesday confirmed that its members at BP Petrofac sites have voted to support strike action.

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IOG sets out Blythe H2 well drilling timetable after recent spudding

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