Petrofac stock drops 14% despite being tipped for $1.5 billion of contracts

Chief executive outlines challenges and opportunities in trading update

Tough times: Petrofac chief executive Sami Iskander — Tough times: Petrofac chief executive Sami IskanderPhoto: PETROFAC

Iain Esau

London

Petrofac Sami Iskander Europe Middle East

Published 20 December 2022, 11:10Updated 20 December 2022, 11:44