Middle East

Petrofac extends Oman alliance


Petrofac will provide a range of engineering services on major oil and gas projects for Petroleum Development Oman (PDO) as part of a 10-year deal.


Opinion: Petrofac shows the heavy price of reputational risk


When a regulator or fraud-buster targets a company for investigation, a financial penalty is often around the corner. In the case of British oil services firm Petrofac, it's the reputational risk that's looking pricier than the potential fine.