Petrofac suspended from new Adnoc tenders, share price slides

Move follows recent UK Serious Fraud Office announcement of additional pleas by ex-employee under bribery act

On hold: Adnoc has suspended Petrofac from its new tenders — On hold: Adnoc has suspended Petrofac from its new tendersPhoto: PETROFAC

Eoin O'Cinneide

London

Petrofac Abu Dhabi National Oil Company United Arab Emirates UK Abu Dhabi

Published 15 March 2021, 15:31Updated 15 March 2021, 16:21