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BP. Bp Plc

495.70
2.90 (0.59%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bp Plc LSE:BP. London Ordinary Share GB0007980591 $0.25
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.90 0.59% 495.70 496.00 496.10 498.75 493.30 495.45 36,110,160 16:35:27
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Petroleum Refining 211.6B 15.24B 0.8934 5.55 84.61B

Carillion Trading In Line With Expectations Wins BP Oman Contract

14/07/2015 7:54am

Dow Jones News


Bp (LSE:BP.)
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LONDON-- Construction and support services group Carillion PLC (CLLN.LN) Tuesday said it is trading in line with expectations as it announced a contract by oil group BP PLC (BP.LN) in Oman worth around 80 million pounds ($124.2 million).

The contract to build the operational base and accommodation complex for BP's Khazzan gas project is expected to start in September 2015 and is scheduled for completion in mid 2017.

Carillion said it is leaving its full year expectations unchanged after a significant increase in first half revenue.

"Having entered 2015 with record revenue visibility, the Group continues to be in a strong position to deal with the inevitable effects of the U.K. General Election on the pace of contract awards, which has slowed, as expected, in the first half of the year," the company said.

"Therefore, with a strong order book, a growing pipeline of contract opportunities and the prospect of market conditions continuing to improve, our expectations for 2015 and for the medium-term remain unchanged," it added.

-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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