Speculation that integrated energy services provider Petrofac is the target of a Schlumberger takeover has driven its share price up 4.4% in a days trading in London.
Petrofac’s CEO Ayman Asfari however dismissed the reports and told Dow Jones Newswires that the speculation was based on nothing but “rumours”.
When pressed on the matter Andrew Gould, chairman and former CEO of Schlumberger declined to comment.
Neither company has made any official statements on the topic, and the share price rise on the FTSE should be viewed in the context of a strong day for energy companies across the board.Â
London’s Financial Times reports the BP was also up 2.2%, and Royal Dutch Shell jumped 2.7%.
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