Petrofac Ltd. rose to the highest in three months in London trading after the oil-services provider won a $1.2 billion contract from BP Plc in Oman.
Petrofac advanced as much as 4 percent to 1,383 pence, the highest intraday price since Nov 15. It’s up 12 percent in 2014.
BP awarded the engineering, procurement and construction contract for the central processing facility of the Khazzan gas project, London-based Petrofac said today in a statement.
“This contract is very much Petrofac’s bread-and-butter, an onshore gas processing plant in the Middle East,” Investec Bank Plc said in a note.
Separately, Ophir Energy Plc today said it signed a non-binding agreement with Petrofac to help develop a gas project off Equatorial Guinea.
Providing useful resources, articles and writings on crude oil, other petroleum products, energy and gas. By O'Niel Petroserve Nigeria Ltd, online.
 
 O'NielPetroserve is a leader in the of Nigerian Bonny Light Crude Oil (BLCO) sales market. As a privately held company, O'Neil Petroserve is committed to and is focused on delivering reliable services to all her clients.
O'NielPetroserve is a leader in the of Nigerian Bonny Light Crude Oil (BLCO) sales market. As a privately held company, O'Neil Petroserve is committed to and is focused on delivering reliable services to all her clients.  O'Neil Petroserve has an excellent track record of reliability in the supply of Bonny light crude oil, BLCO. We protect our buyers with 2% Performance Bond while we also expect protection from our customers with bank instrument from the world's top banks. We deliver on TTO, TTT, CIF and FOB basis.
O'Neil Petroserve has an excellent track record of reliability in the supply of Bonny light crude oil, BLCO. We protect our buyers with 2% Performance Bond while we also expect protection from our customers with bank instrument from the world's top banks. We deliver on TTO, TTT, CIF and FOB basis.
 








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