Petrofac cancels ZPMC order

London-listed Petrofac has cancelled its contract with China's Shanghai Zhenhua Heavy Industry Company (ZPMC) for a newbuild deep-water pipelay vessel.

Terminated: Petrofact has cancelled a contract with ZPMC for a newbuild deep-water pipelay vessel that was due to be delivered in 2017
Terminated: Petrofact has cancelled a contract with ZPMC for a newbuild deep-water pipelay vessel that was due to be delivered in 2017
Published 9 October 2015, 06:37Updated 11 October 2015, 23:56
Asia & OceaniaEurope