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... Posted in: