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The Latest Breaking News from Petrofac

Scottish energy firm fined £500,000 for breaching Russia sanctions

A Scottish energy firm has been fined more than £500,000 for breaching Russia sanctions regulations

The National (Scotland)

Petrofac pays £569,000 to HMRC for breaching Russia sanctions rules

The energy services business was investigated by HMRC after self-reporting breaches that occurred in 2022 and 2023.

Evening Standard

Thousands of jobs saved as Petrofac set to be purchased

The energy services firm appointed administrators in October.

Evening Standard

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Thousands of jobs at risk as Petrofac files for administration

Petrofac said it will now enter insolvency after Dutch electricity grid TenneT terminated a major contract

The Independent UK

Petrofac files for administration putting 2,000 jobs at risk

Petrofac’s UK business is based in Aberdeen and is involved in the operation of North Sea oil platforms for firms including BP and Shell.

Evening Standard

Oil and gas firm Petrofac files for administration, putting thousands of jobs at risk

North Sea contractor says move applies only to its ultimate holding company and it will continue to trade

The Guardian - UK

2,000 Jobs at Risk as Petrofac Crumbles — Can the Company Recover from Its £6bn Fall?

Petrofac's collapse after losing a major contract with TenneT threatens over 2,000 jobs and raises new concerns for Britain's energy industry.

International Business Times UK

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Jobs at risk as North Sea firm Petrofac set for administration

The company employs more than 7,000 workers globally, with around 2,000 of these based at its North Sea hub in Scotland, according to reports.

Evening Standard

Thousands of jobs at risk at North Sea oil and gas giant

The company employs more than 7,000 workers globally

The Independent UK

North Sea oil and gas workers vote to strike amid bumper profits

Series of actions planned this spring as union members call for more pay since firms are ‘raking it’

The Guardian - UK

Petrofac's offshore workers begin 24-hour strike

Two separate disputes will also see workers walkout at the end of this month

Insider UK

Offshore oil workers take strike action in dispute with 'Scrooge' employer

OFFSHORE oil workers began two days of strike action on Thursday in a dispute over pay and conditions.

The National (Scotland)

Offshore workers walk out in dispute with ‘Scrooge’ employer

Workers downed tools on Thursday on the first of two days of strike action.

The Independent UK

Offshore oil workers walk out in dispute with ‘Scrooge’ employer

OFFSHORE oil workers began two days of strike action on Thursday in a dispute over pay and working conditions.

The National (Scotland)

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Insider UK

Offshore workers strike in dispute over pay

Union members on Petrofac-owned Repsol rigs begin a 48-hour stoppage today

The Guardian - UK

World’s ‘most potent greenhouse gas’ escaped during work on UK windfarm

More than 80 staff at £3bn Seagreen project, 27 km off Scotland’s Angus coastline, were forced to evacuate

The Guardian - UK

Tory donor Ayman Asfari to leave bribery scandal-hit Petrofac

Syrian-born businessman who built London-listed oil company was investigated by Serious Fraud Office

Birmingham Post

Renewable energy consultancy TNEI becomes employee owned

The company was once part of oil and gas services provider Petrofac

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ABC News

Offshore oil and gas industry to foot bill for first phase of Northern Endeavour's decommissioning

The federal government signs a $325-million contract to start removing an ageing oil vessel floating in the Timor Sea but a senator fears the job will not be as thorough as it should be.

Insider UK

Former Petrofac Aberdeen offices up for auction

The guide price for the property is £975,000

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