Petrofac expects better FY profit
China Daily | Updated: 2009-08-25 08:08
Petrofac benefited as oil companies tendered contracts to try and cut costs, rather than rolling them over as they used to. Bloomberg News |
LONDON: British oil and gas services company Petrofac Plc said it expects net profit to rise at least 20 percent this year due to a string of new contracts in the Middle East.
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