By Jaime Llinares Taboada
Petrofac Ltd. said Tuesday that it has secured a contract with PTT Exploration & Production PCL to decommission two subsea wells in northwest Australia.
The London-listed company, which provides services to the energy industry, said this is its first well project-management contract awarded in Australia. The company didn't disclose the monetary value of the deal.
Shares at 0824 GMT were up 1.20 pence, or 1.0%, at 119.95 pence.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT
(END) Dow Jones Newswires
02-09-21 0343ET