A NORTH Sea oil and gas firm filed for administration yesterday, putting thousands of British jobs at risk. Petrofac employs ...

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Petrofac has entered administration after losing a major Dutch contract, threatening thousands of jobs and reigniting debate over the future of the UK’s North Sea energy industry.

Ministers have also been told they should have been better prepared for the closure of the Grangemouth refinery.

A report from the Tony Blair Institute urges the Labour government to prioritize cheaper electricity over its 2030 clean ...

The company employs more than 7,000 workers globally, with around 2,000 of these based at its North Sea hub in Scotland, ...

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Clean energy jobs are not being created at the pace or scale needed to make up for the decline of North Sea oil or gas, the ...

Offshore driller Valaris has completed the sale of a shallow-water rig and secured additional work in the UK North Sea for ...

Petrofac’s board has lined up Teneo to act as administrator, a move which could be triggered as early as Monday morning and ...

Oil and gas contractor Petrofac has filed for administration, putting approximately 2,000 jobs at risk. The company cited the ...

Petrofac, a North Sea oil and gas firm, filed for administration yesterday (October 27). This puts 2,000 jobs at risk, with ...