Petrofac Bribery Case Sentencing Delayed

Reuters
Friday, October 1, 2021

The sentencing in a London court of British oil services group Petrofac over charges that it failed to prevent bribery in Iraq, Saudi Arabia, and the UAE has been postponed to Monday, a court spokesperson said in an email.

Petrofac had said it would plead guilty to seven charges by Britain's Serious Fraud Office (SFO) after a four-year investigation relating to projects awarded in Iraq, the United Arab Emirates, and Saudi Arabia between 2012 and 2015.

 (Reporting by Kirstin Ridley, writing by Shadia Nasralla; Editing by Jon Boyle)


Categories: Energy Industry News Activity Oilfield Services

Related Stories

Big Oil to Reap Billions from Energy Price Surge

Rising Costs of War: Gulf Energy Infrastructure Stares Down $25B Repair Bill

Oil Executives Flag Long-Term Impact of Iran Conflict

Oil Rises as Iran Denies US Talks, Supply Risks Persist

IEA Weighs Further Oil Stock Releases as War on Iran Continues

Eni Advances Major Deep Water Gas Hubs with Dual FIDs

Eni: New Gas Discoveries in Libya

Petronas Makes New Hydrocarbon Discovery in Southeast Asia

OneSubsea Bags Third PTTEP Subsea Systems Contract in One Year

Sunda Energy Secures Environmental License for Drilling Ops off Timor-Leste

Current News

Eni Exits Consortium for Oil and Gas Exploration Offshore Israel

Big Oil to Reap Billions from Energy Price Surge

UAE Stands Ready to Join Force to Reopen Strait of Hormuz

Asian Buyers Rush for Russian Oil Amid Supply Disruption

Mubadala Energy Secures Southwest Andaman Exploration Block off Indonesia

Strohm to Supply Insulated TCP Jumpers for Malaysia’s Offshore Project

Arabian Drilling Flags Temporary Offshore Rig Suspensions in Persian Gulf

Iran War Sends LNG Prices Soaring, Curbing Asia Demand

Rising Costs of War: Gulf Energy Infrastructure Stares Down $25B Repair Bill

ADES Expects Up to 44% Earnings Rise Despite Regional Tensions Impacting Rigs

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com