Petrofac's Uncertain Future: What You Need to Know
Petrofac's Uncertain Future: What You Need to Know
Introduction to Petrofac's Situation
Petrofac, a major North Sea oil and gas contractor, is facing financial troubles.
Key Points to Consider
The company has filed for administration, putting over 2,000 jobs in Scotland at risk
Petrofac's administration is a result of longstanding issues in their global business
The UK arm of Petrofac is continuing to operate as normal, with a highly skilled workforce and many successful contracts