Morgan Stanley upgrades Petrofac and Hunting
16th Jan 2019 14:12
(Sharecast News) - Morgan Stanley upgraded Petrofac and Hunting on Wednesday as part of a broader note on the oil services sector.
Read moreJefferies downgrades Centrica, lifts Petrofac
7th Jan 2019 14:18
(Sharecast News) - Jefferies energy analyst team giveth and it taketh away on Monday, upgrading Petrofac and downgrading Centrica.
Read morePetrofac winning new business and cutting debt
18th Dec 2018 07:16
(Sharecast News) - Oil services engineer Petrofac said it was trading in line with expectations for the calendar year and winning new business in a market "that has seen some delays in contract awards".
Read moreTuesday preview: German business confidence, Petrofac in focus
17th Dec 2018 16:25
(Sharecast News) - The market spotlight on Tuesday, barring surprises, will be on the IFO institute's closely-followed business confidence gauge covering the month of December.
Read morePetrofac rakes in $146m as sale to Ithaca Energy completes
12th Dec 2018 09:25
(Sharecast News) - Petrofac announced on Wednesday that it has completed the sale of Petrofac GSA Holdings to Ithaca Energy UK.
Read moreFTSE 250 movers: Oilers rise on OPEC agreement while Sirius dives
7th Dec 2018 14:42
(Sharecast News) - London's FTSE 250 was up 1.15% at 17,957.43 in afternoon trade on Friday, as oilers powered upward on the back of an OPEC decision to cut production.
Read moreFTSE 250 movers: Diploma top of the class as oilers fall
19th Nov 2018 14:29
(Sharecast News) - London's FTSE 250 was down 0.57% at 18,694.38 in afternoon trade on Monday, as oil companies dropped amid continuing uncertainty.
Read morePetrofac consortium awarded clean fuels contract by Thai Oil
19th Oct 2018 14:45
(Sharecast News) - A consortium led by oilfield services provider Petrofac has been awarded a $4bn contract as part of Thai Oil's Clean Fuels Project on the East coast of Thailand.
Read moreThursday broker round-up
30th Aug 2018 13:50
(Sharecast News) - Bellway: Deutsche Bank upgrades to buy with a target price of 2,745p
Read morePetrofac swings to first-half loss; Algeria contract won
29th Aug 2018 07:18
(Sharecast News) - Oilfield services provider Petrofac said on Wednesday that it swung to a net loss in the first half, as it announced an engineering, procurement and construction contract worth $600m with Algeria's Sonatrach.
Read moreWednesday preview: Canada-US trade talks, Petrofac in focus
28th Aug 2018 17:22
(Sharecast News) - The market spotlight on Wednesday will continue to be on international trade, specifically on talks between the US and Canada.
Read moreWeek ahead: Mortgage data, Oilfield services in the spotlight
24th Aug 2018 15:40
(Sharecast News) - The coming week is expected to be a calm one, on both the economic and corporate fronts, geopolitics permitting.
Read morePetrofac to sell stake in Greater Stella Area for up to $292m
24th Aug 2018 07:06
(Sharecast News) - Oil field services company Petrofac on Friday said it was selling its interest in the North Sea's Greater Stella area to Ithaca Energy up to $292m.
Read moreMonday broker round-up
20th Aug 2018 12:55
(Sharecast News) - Sage: Deutsche Bank downgrades to sell with a target price of 540p.
Read morePetrofac secures new bank debt, wins $370m Basra contract
13th Aug 2018 13:58
(Sharecast News) - Petrofac has secured $300m new term-loan from its banks, due to mature in 2020, and has won a near-$370m contract in Iraq.
Read more