-
Petrofac staying longer on North Sea assignment with Shell’s affiliate
15 Sep 2025 16:52 GMT
… -headquartered oilfield services provider Petrofac has secured a contract … Chief Operating Officer of Petrofac’s Asset Solutions and … these assets since 2020, Petrofac is embedded within the …
This comes shortly after Petrofac reached an agreement in …
-
Petrofac to Stay on Duty for ONEgas in UK’s Southern North Sea
15 Sep 2025 11:53 GMT
Sep 15, 2025
(Credit: Petrofac)
Oilfield services provider Petrofac has secured a contract … supported these assets since 2020, Petrofac is embedded within the delivery … Pearson, Chief Operating Officer of Petrofac’s Asset Solutions and Energy …
-
Petrofac rescue plan back on track after Saipem-Samsung E&A deal
14 Sep 2025 18:37 GMT
… Thailand.
This agreement, said Petrofac, will enable its financial … on Thursday, London-listed Petrofac said it expects that … contribution, or indemnity, against Petrofac.
Separately, the two companies … $119.5 million against Petrofac, according to the judgement …
-
Petrofac deal likely to soothe concerns about Middle Ea...
12 Sep 2025 16:01 GMT
The company has active projects in the UAE, Algeria, Kuwait, and Bahrain
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 project news, …
-
Petrofac Reaches Agreement in Principle with Thai Project Partners
12 Sep 2025 07:23 GMT
… Thailand, which have derailed Petrofac's financial … its statement August 1, Petrofac said bondholders, investors and … restructuring plan", Petrofac chief executive Tareq Kawash … said.
"Petrofac's operational capability …
-
Petrofac agrees restructuring deal with Samsung and Saipem
12 Sep 2025 06:13 GMT
The company now expects its restructuring to be completed by the end of November
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 project …
-
Petrofac strikes deal over Thai oil project claims
11 Sep 2025 09:35 GMT
… approvals and conditions being met.
“Petrofac will share further details as … disclosure obligations,” the group said.
Petrofac, which designs, builds and maintains …
-
The Importance of Fairness: Legal Lessons from Petrofac for Shipping and Energy Company Restructurings
10 Sep 2025 15:50 GMT
… Appeal (COA) in Re Petrofac Limited & Petrofac International (UAE) LLC [2025 … contractors, financiers and other stakeholders, Petrofac represents a recalibration of the … Restructurings
The combined lessons of Petrofac, Madagascar Oil and Waldorf Production …
-
Cayman Islands Restructuring: Observations Following Petrofac
25 Aug 2025 14:33 GMT
… & Ors v Petrofac represents a further development … timely and helpful.
Background
Petrofac Limited and Petrofac International (UAE) LLC …
Building on Adler
The Petrofac decision builds on the … Appeal’s decision in Petrofac to overturn the restructuring …
-
Petrofac Goes to Supreme Court after Restructuring Plan Quashed
06 Aug 2025 03:14 GMT
… on 1 July”, Petrofac said.
Petrofac expected the restructuring … its statement last week, Petrofac said bondholders, investors and … outcome”, Kawash added.
“Petrofac’s operational capability remains … of future opportunities”.
Petrofac reported $192 million …