UK’s Petrofac awarded more than $1.7bn new orders this year

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UK’s Petrofac awarded more than $1.7bn new orders this year

20 May 2018, News Wires – Oilfield service firm Petrofac Ltd, which is being investigated by Britain’s Serious Fraud Office (SFO), said it was awarded more than $1.7 billion of new orders so far this year as tendering activity remained high. Oilfield service companies have been seeing a recovery in orders after subdued oil prices since mid-2014 forced …

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