Monday, April 20, 2015
audacia pipelay vessel laggan-tormore

Petrofac Expects Further Loss on Laggan-Tormore Project, Shares Fall Sharply

"I have never faced a more difficult and challenging work environment," commented Chief Executive Ayman Asfari

April 20, 2015
Total Views: 12

Wednesday, February 26, 2014
Dzheitune jack-up caspian sea dragon oil

Oil Services Must Take On More Risk, Petrofac CEO Warns

Oil service companies will have to assume more risk in the coming years as investor pressure and a flat crude price make oil company clients push harder to avoid delays on megaprojects, the chief executive of FTSE 100 contractor Petrofac said.

February 26, 2014
Total Views: 4