Petrofac considers asset sales, seeks to strengthen balance sheet and short-term liquidity

Shares soared more than 30% on Monday after the announced moves, but they remain down sharply year to date

Assets up for sale: Petrofac chief executive Tareq Kawash.
Assets up for sale: Petrofac chief executive Tareq Kawash.Photo: PETROFAC
Published 4 December 2023, 10:38Updated 4 December 2023, 13:38