RE: What does the RNS mean?11 Jan 2024 10:28
Guys look at the Proactive article from 20/12/23 - shorters cash out? Well only Marshall Wallace had during that period, so goes back to my theory about who else has been buying?
On a side note Offshore energy reported on 8/1/24 that “UK-headquartered energy giant BP has hired Petrofac on a long-term contract for work at its Greater Tortue Ahmeyim (GTA) natural gas project off the coasts of Mauritania and Senegal.” And in addition Rigzone cover the same story yesterday adding: “ In a media release, the energy services specialist said that the multi-million-dollar master services agreement includes onshore and offshore management and supervision, provision of personnel, and equipment maintenance.
“Having supplied operation services for the floating production storage and offloading vessel and liquefied natural gas hub since 2022, and developed operational procedures in 2021, this additional scope demonstrates BP’s confidence in Petrofac and supports our selective geographic expansion strategy”, said Nick Shorten, Chief Operating Officer for Petrofac’s Asset Solutions business.”
The contracts keep coming, so just a matter of time for the money to catch up with the work!