30th June trading statement here http://www.investegate.co.uk/Article.aspx?id=200906300700157366U
excerpts (my bold):
The group has had a good start to the year and is increasingly confident that 2009 will be another year of strong growth.
In Engineering & Construction, the group has made good progress on the US$5.0 billion of new contract awards secured in the first quarter of the year. ...
The Offshore Engineering & Operations, Engineering Services, Training and Production Solutions' business units continue to perform broadly in line with expectations. Tender activity, particularly for brownfield engineering prospects in Offshore Engineering & Operations, has increased in recent weeks, leading to new business opportunities. ...
In Energy Developments, the first tanker shipment of approximately 472,000 barrels of oil from the Don field has been delivered to a terminal in Rotterdam. ...
The group has continued its strong cash generation and, notwithstanding that an advance payment on a recent contract award of around US$300 million is expected to be received early in the second half of the year, expects its gross cash balances to be around US$850 million at 30 June 2009.
Since then, two more positive RNSs:
First production from Don SothWest : http://www.investegate.co.uk/Article.aspx?id=200907010700068699U
* 2 Don SW wells operational, 2 injection wells to be brought on-stream during H2 2009
* 60ft oil column discovered in adjacent fault block - further evaluation underway
and a new gas compression project worth more than US$350 million: http://www.investegate.co.uk/Article.aspx?id=200907020700129756U
Maroun Semaan, group chief operating officer of Petrofac, commented: 'We are delighted to have successfully secured the Kauther gas depletion compression project. This award serves to further reinforce Petrofac's commitment to the Omani market, gives us continuity of business in the Sultanate and again highlights Petrofac's continued competitiveness in the Middle East.'
Write up by Edmund Jackson here: http://www.iii.co.uk/articles/articledisplay.jsp?section=ShareDealing&article_id=10033418
Any holders here?