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DIRECTOR DEALINGS: Petrofac CFO Receives Incentive Shares

16th May 2014 09:28

LONDON (Alliance News) - Petrofac Limited PLC Friday said Chief Financial Officer Tim Weller acquired 10 partnership shares at a price of GBP11.95 per share under the company share incentive plan Thursday.

Petrofac said Friday it has been awarded a contract worth more than USD970 million for the gas gathering, treatment and export facilities package of the Reggane North Development Project in Algiers.

Shares in the oil and gas company were trading at 1,174.00 pence, down 0.5% Friday.

By Arvind Bhunjun; [email protected]; @ArvindBhunjun

Copyright 2014 Alliance News Limited. All Rights Reserved.


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