RE:RE:Petrofac update on StellaThis morning Petrofac put out a "critical assessment" on current projects. What I would call a kitchen sink update.
This is FT comment following this mornings Petrofac call with analysts
Its Greater Stella Area project in the North Sea is now expected to produce first oil in the third quarter of 2015, up to eight weeks later than forecast, and is expected to yield 30,000 barrels of oil equivalent per day.