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    PFC   GB00B0H2K534

PETROFAC LIMITED

(PFC)
  Report
Delayed Quote. Delayed London Stock Exchange - 06/14 11:35:17 am
132.5 GBX   +0.53%
05/27PETROFAC  : Introduction of sweet hydrocarbons at Oman Yibal Khuff Project
PU
05/19PETROFAC LIMITED : Publication of 2020 Annual Report and Notice of the 2021 AGM
DJ
05/12PETROFAC  : Appoints New CFO
MT
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Petrofac : secures contract for bp project in Mauritania and Senegal

05/10/2021 | 08:22am EDT

Petrofac has secured a contract with bp to develop operational procedures for their Greater Tortue Ahmeyim (GTA) Project in Mauritania and Senegal.

Centred on minimising risk and harm to personnel, plant and the environment, the procedures will encompass all offshore operations, including subsea, floating production storage and offloading (FPSO) and hub.

Steve Webber, SVP Operations, said:

bp is an important longstanding client and we look forward to supporting them in operating safely and responsibly, in their delivery of the GTA Phase 1 Project, which is creating a new LNG hub in Africa.

The Tortue/Ahmeyim gas field, with estimated resources of 15 trillion cubic feet of gas, is located offshore on the border between Mauritania and Senegal. The integrated gas value chain and near-shore liquefied natural gas (LNG) development will export LNG to global markets as well as supplying gas to Senegal and Mauritania.

Disclaimer

Petrofac Ltd. published this content on 10 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 May 2021 12:21:01 UTC.


© Publicnow 2021
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Financials (USD)
Sales 2021 3 392 M - -
Net income 2021 45,5 M - -
Net Debt 2021 195 M - -
P/E ratio 2021 24,9x
Yield 2021 -
Capitalization 630 M 630 M -
EV / Sales 2021 0,24x
EV / Sales 2022 0,24x
Nbr of Employees 10 645
Free-Float 76,0%
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Technical analysis trends PETROFAC LIMITED
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Income Statement Evolution
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Mean consensus HOLD
Number of Analysts 12
Average target price 2,49 $
Last Close Price 1,87 $
Spread / Highest target 270%
Spread / Average Target 33,2%
Spread / Lowest Target -12,9%
EPS Revisions
Managers and Directors
NameTitle
Sami Monir Amin Iskander Chief Executive Officer & Executive Director
Alastair Edward Cochran Chief Financial Officer & Executive Director
René Médori Non-Executive Chairman
Tarek Massoud Chief Compliance Officer
Matthias F. Bichsel Senior Independent Non-Executive Director
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