Jonathan Low, Head of Investor Flynn, Group Head of Dyke, Regional Head of Communications (0) Our focus will remain on safe operations and maximising in-country value through the continued development of local workforce competence and strong supply chain partnerships." The Yibal Khuff Project, originally awarded to Petrofac in June 2015, is already in an advanced phase of construction and pre-commissioning, and the delivery of additional wells is to be synchronised for overall readiness.Įlie Lahoud, Group Managing Director, Engineering & Construction said: "This latest project award under the long-term framework agreement with PDO for Mabrouk North East, and additional scope of work for the Yibal Khuff Project, both further underpin our significant track record and commitment to delivering value in Oman. This 20-month contract includes detailed Engineering, Procurement, and support for Construction and Commissioning of nine additional wells to improve overall plant production, and laying of gas pipeline from Yibal "A" to the main processing facility.
The other scope of work awarded is to provide further services for PDO's Yibal Khuff Project. The project will be integrated with the Mabrouk North East Line Pipe Procurement Project, which was awarded to Petrofac in June 2019. The 34-month project scope awarded involves the development of 16 gas producing wells and export of the production to the Saih Rawl Central Processing Plant.
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The full field development of Mabrouk North East field is planned to be executed in a phased approach. The new contract award, under a 10-year Framework Agreement signed in 2017 with PDO, is an Engineering, Procurement and Construction Management (EPCM) services contract for the Mabrouk North East Development Project in Oman. Petrofac announces today a new contract and the award of an additional scope of work with Petroleum Development Oman (PDO), with a combined value of approximately US$130 million.
Quote and option data delayed at least 15 minutes stock quote data powered by Ticker Technologies, and Mergent.PETROFAC SECURES US$130 MILLION IN PDO AWARDS Video widget and market videos powered by Market News Video. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. All viewers agree that under no circumstances will BNK Invest, Inc. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person.
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Split history database is not guaranteed to be complete or free of errors. or any of its affiliates, subsidiaries or partners. Nothing in is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. PDO is categorized under the Financials sector below are some other companies in the same sector that also have a history of stock splits:Ĭopyright © 2013 - 2021, All Rights Reserved Below, we examine the compound annual growth rate - CAGR for short - of an investment into PIMCO Dynamic Income Opportunities Fundha shares, starting with a $10,000 purchase of PDO, presented on a split-history-adjusted basis factoring in the complete PDO split history. Looking at the PDO split history from start to finish, an original position size of 1000 shares would have turned into 1875 today. This does not always happen, however, often depending on the underlying fundamentals of the business. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. When a company such as PIMCO Dynamic Income Opportunities Fundha splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. For example, a 1250 share position pre-split, became a 1875 share position following the split. This was a 3 for 2 split, meaning for each 2 shares of PDO owned pre-split, the shareholder now owned 3 shares. PDO's second split took place on May 02, 2006. For example, a 1000 share position pre-split, became a 1250 share position following the split. This was a 5 for 4 split, meaning for each 4 shares of PDO owned pre-split, the shareholder now owned 5 shares. The first split for PDO took place on July 07, 2008.
PIMCO Dynamic Income Opportunities Fundha (PDO) has 2 splits in our PDO split history database.
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