UK's Petrofac lines up administrators, Sky News reports
25/10/2025 08:56
Oct 25 (Reuters) - The board of oilfield services provider Petrofac PFC.L has lined up Teneo to act as administrator, a move which could be triggered as early as Monday morning and imperil more than 2,000 jobs in Scotland, Sky News reported on Saturday. (Reporting by Disha Mishra in Bengaluru; Editing by Aidan Lewis) ((Disha.Mishra@thomsonreuters.com;))
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Brief: Petrofac Applies To Appoint Administrators To Holding Company