Petrofac Barred from New Adnoc Contracts
Mar 16, 2021 6:30:am
Summary
The UK's Serious Fraud Office estimates that $30mn in corrupt payments were made in connection with two contracts Petrofac secured in the UAE in 2013 and 2014.
by: Joe Murphy
UK contractor Petrofac reported on March 16 it had been suspended from competing for new awards from Abu Dhabi's national oil firm Adnoc until further notice over a bribery case. The company's sha...
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