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Petrofac News

Petrofac confirms restructuring will leave shareholders 'no residual value'

(Sharecast News) - Struggling energy infrastructure company Petrofac has announced its proposed restructuring will result in "no residual value" for e...

Petrofac restructuring on track as key talks continue

(Sharecast News) - Energy services firm Petrofac confirmed on Wednesday that key discussions with Samsung E&A and Saipem were advancing, as it inched ...

IN BRIEF: Petrofac agrees restructuring deal with Saipem, Samsung E&A

Petrofac Ltd - energy infrastructure company with core markets in the Middle East and North Africa - Says it has reached an agreement in principle wit...

Petrofac strikes deal over Thai oil project claims

(Sharecast News) - Petrofac said on Thursday that it has reached an agreement in principle with Samsung E&A and Saipem over claims linked to the Thai ...

Petrofac secures extension to lock-up agreement

(Sharecast News) - Petrofac announced on Friday that it has secured an extension to its lock-up agreement with creditors and investors until 30 Novemb...

ADNOC Gas awards $5 billion in contracts for first phase of Rich Gas Development Project

DUBAI, June 10 (Reuters) - ADNOC Gas said on Tuesday it had taken a final investment decision on the first phase of its Rich Gas Development (RGD) P...

IN BRIEF: Petrofac results delayed after restructuring approval

Petrofac Ltd - energy infrastructure company with core markets in the Middle East and North Africa - Defers the publication of its annual results, as ...

Petrofac delays results as it progresses restructuring plan

(Sharecast News) - Petrofac said in an update on Friday that a UK court has approved the proposed creditor class composition for its financial restruc...