Shares of Petrofac Limited ($GB:PFC) plummeted nearly 25% as of writing after it released disappointing results for the first ...

Petrofac reported a challenging first half on Monday, with revenue reaching $1.24bn, a slight increase from $1.23bn in the ...

Operational performance in the first half of the year reflected the continued impact of legacy contracts, the challenges in ...

Petrofac Ltd. POFCY, a London-based oilfield services firm, is set to undergo major financial restructuring. The company has reached an agreement with a few important stakeholders and decided to ...

Shares of British oilfield services provider Petrofac dropped 33% on Monday after the company reported bigger half-yearly losses amid difficulties in closing legacy contracts in its biggest unit.

Despite financial challenges, Petrofac Ltd (POFCF) secures significant new awards and progresses on key projects.

Petrofac Limited ( PFC) PETROFAC ANNOUNCES IN-PRINCIPLE AGREEMENT ON FINANCIAL RESTRUCTURE 27-Sep-2024 / 17:50 GMT/BST ...

The cash outflow would have been greater had Petrofac been paying its lenders – net interest paid dropped from $47mn in the first half of 2023 to $17mn this year. Net debt stood at $622mn as of 30 ...

London-listed oilfield services provider Petrofac said on Friday it had reached an in-principle deal with some key stakeholders for a financial restructuring.

UK-listed beleaguered contractor Petrofac has secured a fresh relief from bondholders, providing it additional time for the ...

Petrofac Limited is holding its Annual General Meeting today. Alongside this event, the Company provides the following update. The Group confirms that it has extended its existing forbearance ...

Petrofac today announces that it has reached in-principle agreement with certain of its key stakeholders on the framework for a comprehensive financial restructure to strengthen the Group’s ...