News - Petrofac
WEBAug 1, 2024 · Browse all Petrofac global news issued since 2004, including regulatory news, contract awards, board changes and financial updates. Filter results by regions, markets and year to find the latest news on Petrofac.
Petrofac management and Board changes
WEBNov 22, 2022 · Sami Iskander, Group Chief Executive, will leave Petrofac at the end of March 2023. Tareq Kawash, former Senior Vice President of McDermott, will join Petrofac as Group Chief Executive from April 2023.
Petrofac cures contract default and announces extension to …
WEBJul 26, 2024 · Petrofac, a leading energy services company, has reached an alternative agreement with a key customer and extended its forbearance agreement with noteholders. The company is facing financial challenges and is restructuring its business.
ADNOC awards Petrofac US$700 million EPC project
WEBJun 30, 2023 · Petrofac, a leading international service provider to the energy industry, has been selected by the Abu Dhabi National Oil Company (ADNOC) subsidiary, ADNOC Gas Processing, to undertake a significant new Engineering, Procurement and Construction project at its Habshan Complex.
Petrofac shares restored to trading, publication of annual accounts
WEBJun 4, 2024 · Petrofac announces that, following publication of the Group’s accounts for the year ended 31 December 2023, the Financial Conduct Authority (FCA) has restored the Company’s Ordinary Shares to the premium listing segment of the Official List of the FCA and to trading on the Main Market of the London Stock Exchange, with effect from 08.00 on ...
Delay to publication of 2023 results, update on ... - Petrofac
WEBApr 29, 2024 · Petrofac today announces a delay to its audited full year 2023 results which it now expects to publish by 31 May 2024. The Company also reports the progress made with creditors on its financial restructuring and issues a trading update.
Petrofac Limited results for the year ended 31 December 2023
WEBDec 31, 2022 · Petrofac reports EBIT loss of US$393 million and seeks to implement a comprehensive financial restructure to improve its balance sheet and liquidity. The Group secured US$5.5 billion of new orders in E&C, including renewable energy contracts, but faced challenges in closing legacy contracts and accessing guarantees.
Petrofac led JV selected for US$1.5 billion EPC project in Algeria
WEBMay 18, 2023 · Petrofac, leading a joint venture with petrochemical industry specialist, China Huanqiu Contracting & Engineering Corporation (HQC), has received notification of a conditional award by STEP Polymers SPA (100% Sonatrach subsidiary) to execute a significant petrochemical project in Algeria.
Media - Petrofac
WEBPeople and projects from around the Petrofac world. Petrofacts, our digital magazine, and our website stories provide an insight into #LifeAtPetrofac, projects and initiatives we work on, the places we work in, and the people who make it all happen
Regulatory news | Investors - Petrofac
WEBNov 8, 2006 · Here you can find the latest regulatory news we are required to announce to the market. To subscribe to these and receive notifications as soon as they are published, click here. Quick links
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