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Jul 31, 2024 · A leading international service provider to the energy industry. We use our engineering know-how and our consultancy expertise to design, build, and operate world-class energy facilities that are engineered for safety, optimal efficiency, and low emissions. What we do Our journey.
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2 days ago · Petrofac today announces that it has reached in-principle agreement with certain of its key stakeholders on the framework for a comprehensive financial restructure to strengthen the Group’s financial position and better position it to deliver on its strategy. The proposed financial restructure comprises:
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Petrofac is a UK-based company that designs, builds, manages and maintains oil, gas and renewable energy infrastructure. It operates in various markets and has faced bribery charges and financial difficulties in recent years.
2 days ago · Petrofac expects to announce a lock-up agreement with final terms in coming weeks. The in-principle agreement was reached with stakeholders, including a group of senior secured noteholders representing about 47% of the outstanding notes and some clients with engineering and construction contracts, the company said.
2 days ago · Petrofac is a leading international service provider to the energy industry, with a diverse client portfolio including many of the world’s leading energy companies.
2 days ago · September 27, 2024. Energy industry services company Petrofac announced on Friday that it has reached an in-principle agreement with key stakeholders to undergo a financial restructure aimed at improving its financial stability and supporting future growth. The in-principle agreement has garnered support from an ad-hoc group of senior secured ...
