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Petrofac cuts plea deal with UK s serious fraud watchdog
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Petrofac to admit failing to stop staff from paying bribes in the Middle East
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Petrofac to admit failing to stop staff from paying bribes in the Middle East
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Tory donor s oil firm admits employees paid bribes to get contracts | Petrofac
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ADNOC Suspends Petrofac from Competing for New Contracts over Bribery Case
Posted 19/05/2021 15:24
Abu Dhabi-based oil and gas giant ADNOC has suspended oilfield services firm Petrofac from competing for new ADNOC contracts until further notice, over a bribery case related to contracts awarded in 2013 and 2014. Petrofac Ltd announces it has today been notified by ADNOC Group that it has been suspended from competing for new awards until further notice. This follows the SFO s announcement of additional pleas in January by a former Petrofac employee under the Bribery Act 2010 in relation to historic contract awards in the UAE in 2013 and 2014, Petrofac said.