SFO
Abu Dhabi suspension leaves Petrofac cut off from key markets, says GlobalData’s MEED
ADNOC banned Petrofac from new projects following bribery charges brought against a former executive at the EPC giant
ADNOC Group bans Petrofac from new contracts on bribery charges
A former Petrofac executive pleaded guilty to making $30 million worth of corrupt payments to influence the award of UAE contracts
SFO alleges Unaoil agents paid $6mn bribes in Iraq for oil contracts
As the SFO trial began on Thursday, three Unaoil agents faced counts of conspiracy for allegedly bribing South Oil Company
Former Unaoil executive pleads guilty to corruption in Iraq bribery case, SFO says
This is the first conviction in the SFO’s probe into the company, and three other former employees face a criminal trial in six months
Petrofac wins $1bn EPC project in Algeria
The leading energy contractor signed a 42-month contract for commissioning, startup and performance testing
Petrofac addresses SFO bribery investigation in 2018 financial results
The company reported a 2% drop in its business performance net profit, and a $5.3bn in secured revenue for 2019.
Family of Petrofac co-founder denies posthumous bribery allegations
The family of Maroun Semaan, who co-founded Petrofac, issued a statement denying posthumous accusations of bribery
Ex-Petrofac executive pleads guilty to 11 counts of bribery, UK Serious Fraud Office says
David Lufkin plead guilty to 11 counts of bribery relating to making corrupt offers to influence contract awards worth billions, according to the SFO