Petrofac in profits turnaround

London-listed contractor reverses loss in first half but order backlog sags as Mid-East issues hit intake

Targeting orders: Petrofac chief executive Ayman Asfari Photographer: Chris Ratcliffe/Bloomberg — Targeting orders: Petrofac chief executive Ayman Asfari Photographer: Chris Ratcliffe/BloombergPhoto: CHRIS RATCLIFFE/BLOOMBERG

Steve Marshall

Published 28 August 2019, 07:51Updated 28 August 2019, 07:51

Financial Western Europe