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Evening Standard
Evening Standard
Business
Henry Saker-Clark

Petrofac files for administration putting 2,000 jobs at risk

Petrofac British Petroleum Shell United Kingdom DESNZ Oil Aberdeen North Sea United States
Petrofac has filed for administration (Lee Ramsden/Alamy/PA) -

Oil and gas services firm Petrofac has filed for administration, putting around 2,000 Scottish jobs at risk.

The company is tumbling into insolvency after recent restructuring plans collapsed in the wake of a failed renewables contract in the Netherlands.

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