Petrofac cut on costs, lack of one-off items
Higher costs, an inflated tax bill and a lack of one-off gains seen in 2010 eroded much-improved revenues to send net profit sinking at oilfield services giant Petrofac last year.
Higher costs, an inflated tax bill and a lack of one-off gains seen in 2010 eroded much-improved revenues to send net profit sinking at oilfield services giant Petrofac last year.