Petrofac Awarded Contract for North Sea Wind Farm
April 15 2014 - 5:35AM
Dow Jones News
LONDON-- Oil services company Petrofac Ltd (PFC.LN) said Tuesday
that in consortium with Siemens it has been awarded a major
contract from TenneT, the German-Dutch transmission grid operator,
for the BorWin3 offshore wind farm grid connection in the North
Sea.
MAIN FACTS:
-Start of commercial operation of Borwin3 is scheduled for
2019.
-Shares at 0902 GMT, down 3 pence, or 0.2%, at 1,410 pence
valuing the company at GBP4.9 billion.
-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter:
@RoryGallivan
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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