Energy services firm Petrofac said it was “well positioned” for the remainder of 2019, but warned of a drop in revenues ahead.
Serious Fraud Office (SFO)
Senior managers at oil services firm Petrofac have been named by the Serious Fraud Office (SFO) in conjunction with a bribery case involving the organisation.
The director of a firm connected to a Kazakhstan-headquartered energy firm is facing charges connected to a corruption investigation in the UK.
The Serious Fraud Office (SFO) has launched an investigation into London Capital and Finance, which funds the primary backer of Independent Oil and Gas (IOG).