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Petrofac profits from oil price rise – but should it sell its oil and gas production assets? - Shares magazine
Shares magazine | Petrofac profits from oil price rise – but should it sell its oil and gas production assets? Shares magazine Often oil services firms see a lag between an increase in the oil price and their customer base gaining sufficient confidence to open their cheque books again. Today's first half results from Petrofac (PFC) reflect that trend as group revenue is down ... Opening Quote: Petrofac's £3.3bn oil rig journey |
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