… administration. Teneo, which is handling Petrofac's insolvency, has received … , $50 million services contract with Petrofac that covers operations, maintenance, engineering … comment when approached by Upstream. Petrofac did not immediately respond to …

… beleaguered engineering and construction player Petrofac has laid off hundreds of … & construction and asset solutions. Petrofac’s proposed restructuring plan last … the ongoing restructuring process at Petrofac and its likely administration process …

… that Teneo, which is handling Petrofac's insolvency, received … the end of the year. Petrofac, which was at one … to roughly five shortlisted bidders. Petrofac designs, constructs and operates … . (c) Sky News 2025: Petrofac administrators eye North Sea sale …

… The UK-headquartered engineering company Petrofac has been temporarily banned from … Ongoing restructuring On 25 November, Petrofac released a statement saying that … appoint administrators to its subsidiary Petrofac International Limited (PIL). This …

Losing access to a significant market like Kuwait reduces the company’s options as it seeks financial stability Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis on the MENA region An unrivalled 20-year old archive …

The company has released around 180 workers in the country amid an ongoing restructuring Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis on the MENA region An unrivalled 20-year old archive Exclusive announcements on …

… historically oversaw much of Petrofac’s engineering and … for global structure When Petrofac Limited entered administration … , Oman, and Bahrain. ​ Petrofac reaffirmed that group operations remain … continue to trade. Petrofac continues to advance options …

… - Khaleej Times) Former Petrofac employees who were part of … stressful part.” Employees said Petrofac informed them that the full … Times attempted to reach Petrofac for comment through the … of publishing this story. Petrofac has been facing operational and …

… to terminate the contracts with Petrofac International,” the company said. … project. Several firms said Petrofac had been increasingly late … facility in the Baltics. Petrofac’s global challenges grow … had supported much of Petrofac’s engineering and construction …

… benefits Staff were told that Petrofac would issue a statement of … . Another manager who worked at Petrofac for over two decades said … . There are 52 nationalities in Petrofac. Everyone has their own compulsion …