Recent events
Recent events tied to this brand in public sources.
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2021
Petrofac fined £77 million after pleading guilty to bribery
Petrofac was fined £77 million after pleading guilty to bribery in Iraq, Saudi Arabia and the United Arab Emirates. The article reports the fine and guilty plea; it does not state that the former executive's separate sentence was imposed on Petrofac.
2021
Petrofac divests its Scotland in-person training business
Petrofac divested its in-person training business in Scotland to 3t Energy Group. The sale included training capabilities and facilities in Aberdeen and Montrose; 104 employees were to move to 3t Energy Group.
2020
Petrofac and Intoware sign three-year partnership
Petrofac signed a three-year partnership with Intoware to develop and deploy workflow automation software tailored to the oil and gas industry.
2020
IBE and Petrofac partner on the Arrowsmith green hydrogen plant
IBE and Petrofac entered an agreement for work on the Arrowsmith green hydrogen plant in Western Australia. IBE planned to have the plant operating by late 2022.
2020
Petrofac announces planned workforce cuts
Petrofac announced plans to reduce its global workforce by up to 20% amid the COVID-19 pandemic and lower oil prices.