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Petrofac (Petrofac) Receipts from Government Grants


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What is Petrofac Receipts from Government Grants?

Receipts from Government Grants only applicable to companies reporting Cash Flow from Operations in direct method.


Petrofac (Petrofac) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petrofac Ltd (OTCPK:POFCY) » Definitions » Receipts from Government Grants
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26 New Street, St Helier, JEY, JE2 3RA
Petrofac Ltd provides engineering and construction services to the oil and gas production and processing industry. It designs, builds, operates and maintains oil and gas facilities. The operating segments of the company include Engineering and Construction, Asset solutions, and Integrated energy services. It derives the majority of the revenue from Engineering and Construction which provides fixed-price engineering, procurement and construction project execution services and reimbursable engineering, procurement and construction management services to the onshore and offshore oil and gas industry. The company operates worldwide and generates most of its revenue from the United kingdom.