Petrofac Limited POFCF
Set alert
At close · Oct 30
- YTD
- -99.98%
- 1 year
- -99.98%
- Open
- 0.109
- Prev close
- 0.00001
- Mkt cap
- 5.25K
- Vol
- 1.25K
- Avg vol
- 0
- EPS
- 0.00
- P/E
- 0.00
More statistics
- Low
- 0.109
- High
- 0.109
News
9 months ago reuters.com
UK's Petrofac seeks creditors' compromise on claims to allow asset sale
British oilfield services provider Petrofac said on Wednesday its creditors will meet later this month to vote on a proposal requiring them to compromise some of their claims in order to allow the…
1 year ago proactiveinvestors.co.uk
Petrofac applies for administration following collapse of restructuring plan
Petrofac Limited (LSE:PFC), the Aberdeen-based energy services company, has filed to appoint administrators to its parent company after a major offshore wind contract cancellation derailed its…
1 year ago reuters.com
Petrofac files for administration after losing major Dutch wind contract
Oilfield services provider Petrofac said on Monday it has applied to the High Court of England and Wales to appoint administrators after grid operator TenneT's termination of its involvement in a…
1 year ago reuters.com
UK's Petrofac lines up administrator, Sky News reports
The board of oilfield services provider Petrofac has lined up Teneo to act as administrator, a move which could be triggered as early as Monday morning and imperil more than 2,000 jobs in Scotland,…
1 year ago proactiveinvestors.co.uk
Petrofac confirms there'll be nothing left for shareholders
Petrofac Limited (LSE:PFC) has confirmed that its ongoing restructuring will result in no residual value for existing shareholders as it moves to finalise a lock-up agreement with creditors. The…
1 year ago reuters.com
UK's Petrofac's restructuring plan to leave shareholders empty-handed
Oilfield services provider Petrofac said on Friday its ongoing restructuring would leave existing shareholders with no residual value, as it moves to complete the process by November-end.
1 year ago proactiveinvestors.co.uk
Petrofac expects to complete restructuring after agreement with Samsung and Saipem
Petrofac Limited (LSE:PFC) has reached an agreement in principle regarding claims for the Thai Oil project from Samsung E&A and Saipem, which will allow it to complete its restructuring. The…
1 year ago proactiveinvestors.co.uk
Petrofac extends creditor support as new contracts and cash boost lift outlook
Petrofac Limited (LSE:PFC) has secured an extension of its Lock-Up Agreement with bondholders, investors and creditors to 30 November 2025, giving the company vital breathing space to push ahead with…
1 year ago zacks.com
Petrofac Secures New Contracts, Reports $500 Million in Awards
POFCY's Asset Solutions division expands in core markets and targeted locations such as the U.K., Europe, the Middle East, Africa, Asia and the United States.
1 year ago proactiveinvestors.co.uk
Petrofac ups fundraising target as restructuring rumbles on
Petrofac Limited (LSE:PFC) shares fell 2% as it provided an update on its financial restructuring plan, outlining key developments in court proceedings and an expected $355 million of funding, as…
1 year ago reuters.com
Petrofac secures over 70% creditor support for restructuring plans
Oilfield services provider Petrofac said on Thursday over 70% of its bondholders backed the restructuring plan deal it entered into last year to raise funds through equity financing, crucial for…
1 year ago proactiveinvestors.co.uk
Petrofac has 'new beginning' after US$1bn financial restructuring
Petrofac Limited (LSE:PFC), the fabrications group, has thrashed a financial restructuring that will see it receive US$325 million of new funding and covert debts of almost US$800 million into shares…
1 year ago reuters.com
UK's Petrofac in binding agreement with creditors on financial restructuring
Oilfield services provider Petrofac said on Sunday that it has entered into a binding agreement with key financial creditors on the terms of a comprehensive restructuring.
1 year ago zacks.com
Petrofac Extends Contract for DDW Offshore's AHTS Vessel Till July '25
POFCY extends its contract with DDW Offshore for Skandi Emerald for six months. This is the second extension of the original one-year contract signed in 2022.
2 years ago zacks.com
Petrofac to Support Marathon Oil's Key Assets in Equatorial Guinea
POFCY states that the new agreement with MRO reflects its reputation as an efficient service provider, focused on creating value for its clients.
2 years ago zacks.com
Petrofac Plans to Undergo Financial Restructuring to Boost Liquidity
POFCY's financial restructuring plan to convert a significant portion of its debt into equity is a significant step toward strengthening the company's balance sheet.
2 years ago reuters.com
UK's Petrofac plummets as half-yearly losses surge
Shares of British oilfield services provider Petrofac dropped 33% on Monday after the company reported a bigger half-yearly losses, amid difficulties in closing legacy contracts in its biggest…
2 years ago proactiveinvestors.co.uk
Petrofac extends forbearance agreement with some of its debtholders
Petrofac (Petrofac Limited (LSE:PFC)) told investors it extended a forbearance agreement, with 47% of holder of a senior secured notes, which allows it more time to work on its ongoing financial…
2 years ago proactiveinvestors.co.uk
Petrofac shares rally despite 'fragile financial state' warning
Petrofac Limited's (LSE:PFC) rollercoaster year saw the shares rally as they returned from suspension after it published its accounts for 2023. Net debt at the end of December was confirmed at US$583…
2 years ago proactiveinvestors.co.uk
Petrofac shares to be suspended as results delayed
Petrofac Limited (LSE:PFC) has announced shares will be suspended from trading from next month as the company delays publishing full-year results on the back of ongoing pressure. Results are now…