LONDON - Petrofac (LON:PFC) Limited, a leading international service provider to the energy industry, has announced the publication of a prospectus related to the admission of new shares and ...

Petrofac Limited ( PFC) Petrofac Limited: NOTICE OF PLAN MEETINGS 31-March-2025 / 17:19 GMT/BST ...

At the Convening Hearing for Petrofac’s financial restructuring which took place before the English Court on 20 March 2025, the Court directed that 12 meetings of the Plan Companies and the ...

Creditors to Petrofac Ltd are opposing its debt restructuring, a proposal the oil services firm says it needs to prevent its collapse into liquidation. Saipem Spa and Samsung E&A Co Ltd argue that ...

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 ...

Petrofac will continue to build on its role at one of the world’s largest gas processing plants, following the award of a new project by Abu Dhabi-based Adnoc Gas. The contract, awarded to ...

Petrofac announces today that Non-executive Director Sara Akbar has notified the Board of her intention to step down from her duties to pursue other business interests. She will do so from 31 ...

Also agreed is a “transformation plan to formalize the construct of the Group’s E&C, ETP and Asset Solutions delivery units”. Moreover Petrofac’s board will see changes, including the ...

Akastor's subsidiary DDW Offshore has secured a contract extension with Petrofac for its anchor handling tug supply (AHTS) vessel Skandi Emerald. The contract extension is for six months ...

Creditors of bonds issued by Petrofac extended for the seventh time a forbearance agreement, withholding legal claims over the energy engineering company's failure to pay $29 million in interest.

Petrofac Ltd. POFCY, a London-based oilfield services firm, is set to undergo major financial restructuring. The company has reached an agreement with a few important stakeholders and decided to ...

(Bloomberg) — Petrofac Ltd has reached a preliminary agreement with some of its key stakeholders that will see creditors convert a majority of the firm’s debt into equity, significantly diluting ...