Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
A so good result, why no movement ? What's the problem ?
https://www.petrofac.com/media/news/petrofac-extends-successful-relationship-with-neo-energy/
Petrofac, a leading international service provider to the energy industry, announced today a five-year contract extension for Well Management and Well Operator Services with NEO Energy.
Petrofac will provide a five-year framework for Well Management and Well Operator support for 27 wells across the Affleck, Balloch, Dumbarton, Lochranza and Finlaggan fields located in the Central North Sea, UK. The contract also positions Petrofac to support future well construction and intervention campaigns.
Nick Shorten, Chief Operating Officer for Petrofac’s Asset Solutions business, said:
"As Well Operator for over 50 wells on behalf of seven clients, including NEO Energy, this award allows us to build on our exemplary track record of delivering Well Operator services in the UKCS.
"Unlocking long-term value for our clients is of the utmost importance to Petrofac. Since taking on Well Management and Well Operator responsibilities on behalf of NEO in 2020, we have proactively managed the integrity of existing well stock, supported the successful startup of the Finlaggan Field and continued to plan and prepared for execution of production enhancing intervention and new well construction campaigns in 2022/23. We have achieved this thanks to our close working relationship with NEO and our commitment to enhancing value and delivery excellence.”
Today's announcement builds on Petrofac's previously awarded Integrated Services Contract for NEO Energy. The contract, which began in 2020 and was extended early in 2021, involves provision of ongoing operational, maintenance, engineering, and construction support for the Operator's UK activities while retaining direct procurement and managing sub-contracted services.
https://www.petrofac.com/media/news/petrofac-strengthens-new-energy-services-team-with-offshore-wind-appointment/#utm_source=euroland&utm_medium=email&utm_campaign=phaedrapritchard&utm_content=12-01-21
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Petrofac, a leading international service provider to the energy industry is supporting the continued growth of its global offering in the wind sector with a senior operational appointment.
New Head of Wind Operations and Maintenance (O&M), Phaedra Pritchard will be responsible for building and supporting Petrofac’s O&M service capability within the offshore wind sector, both in the UK and globally. Formerly of Semco Maritime, Phaedra brings more than 14 years’ industry experience and has a varied background in O&M, project management, and business support roles.
Petrofac has a 10-year track record in offshore wind, and currently 3,000 of its UK personnel support the operations and maintenance of clients’ offshore offshore energy assets. Phaedra will be based in Grimsby, recognising the growth in around Humber and Yorkshire in offshore wind and growing demand for Petrofac’s capabilities in this area.
The UK government has committed to install 40GW of offshore wind capacity by 2030, four times current capacity. According to RenewableUK, this target could see offshore wind meeting half of the UK’s electricity needs in the same time period, meaning the sector will be a major driver of the energy transition.
John Pearson, COO, Petrofac New Energy Services, said: “We have been deploying our expertise in support of renewable energy projects since 2008 and our teams are expertly placed to leverage this experience and help advance the energy transition.
Hello everyone,
I saw a lots 1 or 2, 4... shares bought.
I don't understand. Is there any function in the market ?
Thank you Penstock too.
I saw some Capital Raise, the day and after of new shares in the market, the SP has fallen down. That's why I've worried. I wish the SP go up. Thank you for sharing your opnions.
Today VEIL has purchased 52,088 shares for their treasury. Can I call this share buy back ?
If yes, why the SP is falling ?
I also like Vietnamese cuisine, but doesn’t need any recipes here?
hello,
Why no one in this board ? Where you are ?
Today’s SP has risen a lot, but I’m not sure if it’s time to buy.
On 15/11/21 After the new stocks are listed, will SP fall?
I have very little experience in the market. Can someone with long years of experience could give his advice?