Petrofac’s 7,300 Jobs at Risk as Firm Files for Administration
UK energy services provider Petrofac Ltd has applied to enter administration after the company’s latest plans to restructure its balance sheet unexpectedly fell through, putting thousands of jobs at risk.
By Constantine Courcoulas, Libby Cherry · Bloomberg Markets
UK energy services provider Petrofac Ltd has applied to enter administration after the company’s latest plans to restructure its balance sheet unexpectedly fell through, putting thousands of jobs at risk.