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Petrofac to line up administrators as restructuring plan collapses

Upstream Online · last updated

Petrofac lines up administrator as restructuring plan collapses

Petrofac last week said that its proposed restructuring plan had collapsed amid the withdrawal of a key multi-year contract

Petrofac group chief executive Tareq Kawash.
Petrofac group chief executive Tareq Kawash.Photo: PETROFAC