Not all UK shares are heading in the right direction, but could bargains exist among the laggards? Zaven Boyrazian explores ...

SHARJAH, 28th April, 2025 (WAM) -- The Petrofac Research Chair in Renewable Energy at American University of Sharjah (AUS) has been awarded the Verified Sustainable Impact Project Stamp, a prestigious ...

UK-based engineering company Petrofac has received formal approval from the High Court of England & Wales to implement its ...

Trump’s lifting of U.S. sanctions on Syria marks a push to bring the country back into the Western sphere of influence following the ouster of Bashar al-Assad.

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British oilfield services provider Petrofac on Tuesday said it has secured High Court approval for its restructuring plan, unlocking $355 million in funding to significantly reduce its debt.

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Dozens of jobs have been cut at an oil terminal in Orkney. The number of workers at Flotta site has been “significantly ...

At least 29 jobs have been cut at the Flotta oil terminal in Orkney. The trade union Unite has described the job losses at ...

As Nigeria deals with persistent delays in infrastructure development, a UK-based Nigerian project planner, Onumaku Udochukwu, is introducing a smart planning model designed to significantly reduce ...

Crews regularly train, and respond to around 100 emergency calls for assistance on North Sea installations every year.

Sorry to be the bearer of bad news Bull but you need to read the series of RNS from this year on the Petrofac website. The restructuring is bringing a huge dilution with creditors swapping debt ...