Petrofac warns of 'challenging' outlook for engineering and construction unit

Services giant says recovery in oil prices has not yet filtered down from clients in aftermath of Covid-19 disruption

Petrofac worker on the BP Clair Ridge project in the UK's West of Shetland area — Petrofac worker on the BP Clair Ridge project in the UK's West of Shetland areaPhoto: PETROFAC

Rob Watts

London

Petrofac Sami Iskander United Arab Emirates UK North Sea

Published 28 June 2021, 08:46Updated 28 June 2021, 09:03