Production

Petrofac eyes $46 billion bid drive

Contractor identifies huge volume of potential work over next 18 months as oil and gas emerges from bottom of cycle

Tough times: Petrofac chief executive Ayman Asfari says: 'I’ve experienced many downturns in my 40 years in this industry, but never anything quite like this'
Tough times: Petrofac chief executive Ayman Asfari says: 'I’ve experienced many downturns in my 40 years in this industry, but never anything quite like this'Photo: REUTERS/SCANPIX
London
PetrofacUKAyman Asfari
Published 18 August 2020, 08:08Updated 19 August 2020, 09:45