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Petrofac Limited news

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Risk and reward: The world's most dangerous business locations
Convenience is not a priority when it comes to commodities. Drilling and exploration often takes place in war-torn, risky environments and none more so than Somalia.
Newspaper and magazine share tips
... Updated: 07:56 EST, 18 May 2012. View comments. Each day we round up the share recommendations from national newspapers and the weekly investment magazines So far this week: Lamprell, Cineworld, SSE, Travis Perkins, Petrofac and Rank Group.
Contractors contacted for Saudi petchem project
British company Petrofac and South Korea's GS Engineering and Construction were picked among contractors to be part of building the second phase of the already operational complex in Rabigh, on the Red Sea coast of the world's largest oil exporter.
Regulator to probe Lamprell over share dealing ahead of profit warning
Petrofac buys 20pc stake. Lamprell makes jack-up rigs, which are floating rigs with retractable legs used to secure the unit on the sea floor.
Crombie pupils raise �2700 for Gastrocan
Petrofac provided funding towards the Games Legacy paying for their transport and entry on the day.” Kate Hopkins, Head Teacher at Crombie Primary, said: “It was a brilliant occasion and great that we could raise sponsorship for such an important cause ...
Iraqi construction industry enjoying better times
Iraq's construction industry is experiencing a rapid period of growth as the country benefits from the relative political stability of recent years, according to the CEO of one of the country's major construction companies.