Losses at embattled oil services provider Petrofac almost doubled to more than $400m (£314m) during 2023 after its delayed accounts were finally published. In what Petrofac has described as a ...

Creditors to Petrofac Ltd are opposing its debt restructuring, a proposal the oil services firm says it needs to prevent its collapse into liquidation.

Embattled oil services provider Petrofac has delayed the publication of its annual results and warned on profit amid a funding crunch. The company said this morning it would delay its full year ...

Petrofac Limited ( PFC) Petrofac Limited: FINANCIAL RESTRUCTURE: UPDATE ON COURT PROCESS 03-March-2025 / 07:00 GMT/BST ...

Petrofac Limited ( PFC) Petrofac Limited: RETAIL SHAREHOLDER SUPPORT DURING THE FINANCIAL RESTRUCTURING 06-March-2025 / 16:21 GMT/BST As part of the ongoing proceedings for Petrofac’s planned ...

UK oilfield services company Petrofac has improved terms for its financial restructuring, aiming to raise more cash to improve the liquidity of its balance sheet, and said it is now moving into ...

Some people have been driven to the brink of bankruptcy by large unexpected tax bills. It's also been linked to 10 suicides.

Investing.com – U.K. stocks were higher after the close on Tuesday, as gains in the Technology Hardware & Equipment, Media and ...

Warner, a handsome, blue-eyed international oil executive, was running his own funny money operation while serving as vice-president of Petrofac. As a place to hide a money laundering hub ...

Petrofac Limited ( PFC) Petrofac Limited: UPDATE ON FINANCIAL RESTRUCTURING 24-Feb-2025 / 07:00 GMT/BST ...

Petrofac Limited ( PFC) Petrofac Limited: FINANCIAL RESTRUCTURE: UPDATE ON COURT PROCESS 03-March-2025 / 07:00 GMT/BST ...