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Petrofac Newsletter
  • 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 …

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