RE: Petrofac mentioned in Daily mail today (Saturday)17 Oct 2022 15:02
Unfortunately the fact the major shareholder and former CEO - Amman Asfari is still very much involved, I guess the s**t still sticks and the smell is still new. Hence I think the lack of any substantial contracts.
Will it continue ? It’s over a year since the SFO fine and the smell appears to linger on.
This year and next the current CEO is bullish about prospects but not even a sniff of a biggie coming at the moment and we are approaching November !!