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You are a toxic liar Snappy-happy
Your account was opened to deramp.
You are exactly what is wrong wih this country and specially London. Lying for financial gain is an evil lifestyle. Eventually it will come back to haunt you.
Whichever way you cut it my Friends, the fact of the matter is we have shed 20% in 5 sodding days versus 1.2% for the 250
2.87% for the 100 and 3% for Brent Crude.
A toxic combination of greedy, grubby little shorters,and shifty,grubby little SFOers is the reason.The shorters are the worst as they give not a toss for the company's future or its shareholders, but the SFOers are equally obnoxious.
I can only hope the whole lot of them catch something 'orrible and longlasting!!
" Having The SFO all over you is not a Good Look!!! "
Snapper10
You have not the slightest idea of what the SFO are doing with regards to PFC...
You have not the slightest idea when the SFO last even spoke to anyone at PFC ..
The only thing you know is that an ex employee for a subsiduary pleaded guilty 18-19 months ago......you have no further knowledge of what the SFO has or has not done with regards to PFC... apart from anything read in The Guardian, which has been strongly denied and never followed up further in the public domain.....
Snapper10: " every proposal submitted is politely declined due to PFC on going SFO investigation "
You have NO proof of this...merely opinion stated as supposed fact ....please provide PROOF ..other wise it is a LIE and deramping... ......I have noted your use of the word "EVERY" proposal ....
Snapper10
I am still waiting for your proof ... failure to provide it proves you have stated a LIE
"Also this SFO case has been going on for how long now?"
Answer: The investigation has been going on for 3 years 4 months and 14 days- a case against Petrofac, even if there is one, has yet to be proved.
climb from 106p to 109p ..I would imagine a shorter like Engadine are buying up off the work of Blackrock ....question is...as the week closes...has Blackrock run out of bullets ??
The goal of construction is to deliver a completed project that serves the intended function. Anything in the construction process that does not contribute to this goal is a potential obstacle and adds unnecessary risk to the project. By assessing the capability and capacity of a potential contractor through a methodical evaluation process, potential issues that could cause trouble on a project can be identified or eliminated. Comprehensive contractor evaluations conducted prior to selection can significantly reduce the risks faced by a construction project
Having The SFO all over you is not a Good Look!!!
they offered a rate away above industry norm
So simple answer greed
I should have known you don't get nothing for nothing
If its too good to be true it usually is wrong
but as I said I did not lose £550m
I dont work in the industry but even i know what Petrofac were doing is no different to anyone else in their sector - thats how they all operate - the SFO have just got a bee in the bonnet over this and should have been dropped a long time ago.
Also this SFO case has been going on for how long now? Petrofac have won large contracts since then.. so hardly toxic.
Snapper10
It begs the question why you took on the job in the first place....
"PFC were totally struggling from the start."
" I did not tender the work but inherited it and from the start it was not recoverable as it was Fixed Price"
" I offered a experienced opinion "
surely, if you indeed did have the "experience" ..it would have told you not to get involved ????????
You are completely correct
In the role I was employed in I was responsible to deliver per the contract
I was hired because PFC had no experience of working in the UK "onshore"market or on large projects outside the ME.I did and I did not tender the work but inherited it and from the start it was not recoverable as it was Fixed Price based on a Site Preparation supplied by Client
PFC were totally struggling from the start.
The Bull**** about low productivity and bad weather and difficult location was known from tender stage
PFC got the Engineering Procurement totally wrong because they did know the UK market and therefore construction costs skyrocketed
It as simple as that
I offered a experienced opinion they chose not to listen and they PFC lost £550m
I lost time but did not lose money or reputation.
A disgruntled ex employee / contractor who asserts the company wouldn't listen to his strategy? Who knows if you were right or wrong in your assertion Snapper but you were contracted / employed by PFC. You suggest a strategy and they decide whether to accept your point of view or not. They have the big company picture. You didn't. Your job was to produce a strategy and to put it to the company. It's not your position to insist on it. There are many other considerations for the company than just your narrow strategy.
I, of course, am giving you the benefit of accepting your involvement was to produce such a strategy. You may just be an opinionated contractor.
" theres was all wrong "
" And I was giving a excellent Reference!!!!!! "
you dont have an attention to detail do you?.... considering your "alleged" experience and position at PFC ?...
keep it up..you become more embarrassing with every post.... ..love it...just keep digging that hole for yourself and all your lies and deramper nonsense
No
I left because they would not listen to MY Strategy as I told them theres was all wrong,regarding shipping, camp,and electrical containment,ground conditions,labour relations,Program and Resources.
And I was giving a excellent Reference!!!!!!
Surely one thing we can agree on is that this near decade long investigation with no charges brought is in itself a harsher punishment in terms of destruction of capital, loss of income and tax revenue and jobs than fits the crime (if indeed one took place).
If a charge had been brought at the start and PFC took a fine there is no way the fine would have caused as much harm as the never ending investigation has. The company would have took a short term hit and recovered.
But without any charges the company cannot even consider taking an early guilty plea and move on (regardless of whether they are guilty or not).
This is industrial destruction over a crime which even if true harmed little to no one in the UK, certainly when measured against the harm caused by the SFO by dragging their heels and not bringing a charge.
" You are the one who is lying if you believe PFC are going to bounce back"
I havent said anything...I merely record the events of the shorters...I havent made any statement of PFC "bouncing back" ...and..if I did believe they might then that isnt a lie.......you are clutching at straws there ...
" every proposal submitted is politely declined due to PFC on going SFO investigation "
You have NO proof of this...merely opinion stated as supposed fact ....please provide PROOF ..other wise it is a LIE and deramping... ......I have noted your use of the word "EVERY" proposal ....
sorry but I dont believe a word about your Petrofac "career" ....
" Laggen is spelt GG by the way "
by the way -.... LAGGEN IS SPELT L-A-G-G-A-N .... jeez ..you really are embarrassing
Snapper Question ? Did PFC SACK YOU ?
Pokerchips
You are the one who is lying if you believe PFC are going to bounce back
PFC are clutching at straws as every proposal submitted is politely declined due to PFC on going SFO investigation
I know who I am and my CV certainly reflects what i state here I was employed as the Construction and Commissioning Manager for Petrofac in ABZ and SHJ on Laggen Tormore and my Business Cards have that title
So keep your paranoia under control and believe the facts PFC are TOXIC
Laggen is spelt GG by the way
" And I have worked in the Far East and Middle East for PFC "
haha yeah..I bet you have (not)
You said you were "Construction and Commissioning Manager" at Laggan Tormore too...despite not having the slightest idea of how to spell Laggan (you got it wrong 6 times !! )
You were "allegedly" so involved with PFC and have such a keen interest but have never appeared on here once until recently when you come on with all this deramper stuff which is common knowledge anyway...
You dont fool anyone ....you are just a deramper .. ..... best if you just say so.....
SNAPPER,
My last message was not an attack on you so do not take it personally ,
I have lived for a few years over their and maybe I know the people better than you ?
It’s also illegal to offer Bribes in the Far East
There a listed company on LSE
Ethics apply worldwide and don’t apply when it’s suitable
And I have worked in the Far East and Middle East for PFC
SNAPPER 10
YOU SHOULD SPEND SOME TIME in the far east and get to know the people and how they do business, I suggest ?
The SFO case is progressing David Lufkin was a employee of Petrofac?
He’s not been sentenced yet is it because he’s now probably doing a deal and giving evidence against the the bosses he worked for at Petrofac?
No one will touch Petrofac as long as Bribery and Corruption is ongoing or have never seen a oil company policy on ethical tenders
Snapper10 NOTE PFC have not been charged with any offense by anybody
If The SFO HAD ANYTHING on them (that is PFC the firm) they would be charged by now
The only game being played is Petrofac are on the road out !!!!!
No one will touch them they are toxic because of Bribery and Corruption
Every bid list for new work will exclude them on this alone