Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. United Kingdom
  4. London Stock Exchange
  5. Petrofac Limited
  6. News
  7. Summary
    PFC   GB00B0H2K534

PETROFAC LIMITED

(PFC)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Petrofac Limited: Update on Court process in relation to SFO investigation

09/27/2021 | 08:38am EDT

Petrofac Limited ( PFC) Petrofac Limited: Update on Court process in relation to SFO investigation 27-Sep-2021 / 13:37 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.

----------------------------------------------------------------------------------------------------------------------- Press Release

27 September 2021

UPDATE ON COURT PROCESS IN RELATION TO SFO INVESTIGATION

Petrofac Limited (the "Company" or "Petrofac") announces that today's sentencing hearing at Southwark Crown Court in relation to its plea agreement with the UK Serious Fraud Office (SFO) has been delayed due to Court scheduling and has been re-scheduled to commence on Friday, 1 October.

The Company will make a further announcement following sentencing or any adjournment.

ENDS

For further information contact:

Petrofac Limited

+44 (0) 207 811 4900

Jonathan Yarr, Head of Investor Relations

jonathan.yarr@petrofac.com

Alison Flynn, Group Head of Communications

alison.flynn@petrofac.com

Tulchan Communications Group

+44 (0) 207 353 4200

petrofac@tulchangroup.com

Martin Robinson

NOTES TO EDITORS

Petrofac

Petrofac is a leading international service provider to the energy industry, with a diverse client portfolio including many of the world's leading energy companies.

Petrofac designs, builds, manages and maintains oil, gas, refining, petrochemicals and renewable energy infrastructure. Our purpose is to enable our clients to meet the world's evolving energy needs. Our four values - driven, agile, respectful and open - are at the heart of everything we do.

Petrofac's core markets are in the Middle East and North Africa (MENA) region and the UK North Sea, where we have built a long and successful track record of safe, reliable and innovative execution, underpinned by a cost effective and local delivery model with a strong focus on in-country value. We operate in several other significant markets, including India, South-East Asia and the United States. We have 9,400 employees based across 31 offices globally.

Petrofac is quoted on the London Stock Exchange (symbol: PFC).

For additional information, please refer to the Petrofac website at www.petrofac.com

-----------------------------------------------------------------------------------------------------------------------

ISIN:           GB00B0H2K534 
Category Code:  MSCH 
TIDM:           PFC 
LEI Code:       2138004624W8CKCSJ177 
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State 
Sequence No.:   123023 
EQS News ID:    1236204 
 
End of Announcement  EQS News Service 
=------------------------------------------------------------------------------------
 

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1236204&application_name=news

(END) Dow Jones Newswires

September 27, 2021 08:37 ET (12:37 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
LONDON BRENT OIL -0.03% 86.02 Delayed Quote.65.76%
PETROFAC LIMITED 1.35% 158 Delayed Quote.12.89%
WTI -0.04% 83.765 Delayed Quote.70.78%
All news about PETROFAC LIMITED
04:45pPetrofac plans to raise 180 million pounds to fund bribery settlement -Sky News
RE
10/22PETROFAC LIMITED : - Jonathan Lord MP visits Petrofac to discuss hydrogen technology in Wo..
AQ
10/21PETROFAC : Jonathan Lord MP visits Petrofac to discuss hydrogen technology in Woking
PU
10/12Carbon Transition ASA makes strategic entry into the carbon capture market by investing..
AQ
10/08PETROFAC : Gazprom and Petrofac create strategic partnership through Gazprom's INTI
AQ
10/07PETROFAC : Forms Strategic Partnership With Gazprom
MT
10/07PETROFAC : Gazprom and Petrofac create strategic partnership
PU
10/07PETROFAC LIMITED : Gazprom and petrofac create strategic partnership
DJ
10/07Gazprom and Petrofac Create Strategic Partnership
CI
10/05FTSE 100 Closes Higher on Banking Outperformance
DJ
More news
Analyst Recommendations on PETROFAC LIMITED
More recommendations
Financials (USD)
Sales 2021 3 226 M - -
Net income 2021 50,4 M - -
Net Debt 2021 265 M - -
P/E ratio 2021 15,0x
Yield 2021 -
Capitalization 733 M 734 M -
EV / Sales 2021 0,31x
EV / Sales 2022 0,33x
Nbr of Employees 10 645
Free-Float 78,9%
Chart PETROFAC LIMITED
Duration : Period :
Petrofac Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends PETROFAC LIMITED
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 9
Last Close Price 2,17 $
Average target price 2,50 $
Spread / Average Target 14,9%
EPS Revisions
Managers and Directors
Sami Monir Amin Iskander Chief Executive Officer & Executive Director
Afonso Reis E Sousa i Chief Financial Officer & Executive Director
RenÚ MÚdori Non-Executive Chairman
Tarek Massoud Chief Compliance Officer
Matthias F. Bichsel Senior Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
PETROFAC LIMITED12.89%724
SCHLUMBERGER LIMITED55.34%47 576
HALLIBURTON COMPANY36.98%23 175
BAKER HUGHES COMPANY18.18%21 436
NOV INC.8.45%5 818
CNOOC ENERGY TECHNOLOGY & SERVICES LIMITED32.64%4 824