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Petrofac order backlog rises to record $20.1 billion
June 24, 2014 / 6:16 AM / 3 years ago

Petrofac order backlog rises to record $20.1 billion

LONDON, June 24 (Reuters) - British oil and gas services group Petrofac said on Tuesday its order backlog stood at a record $20.1 billion at the end of May after seeing a large increase in orders this year.

The FTSE 100 company maintained its profits outlook at a range of $580 to $600 million after cutting its forecast by 11 percent last month. (Reporting by Ron Bousso; editing by Kate Holton)

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