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Pin to quick picksPetrofac Share News (PFC)

Share Price Information for Petrofac (PFC)

London Stock Exchange
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Share Price: 13.00
Bid: 13.00
Ask: 13.10
Change: -0.47 (-3.49%)
Spread: 0.10 (0.769%)
Open: 13.79
High: 14.00
Low: 13.00
Prev. Close: 13.47
PFC Live PriceLast checked at -

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Petrofac sentencing in bribery case postponed to Oct. 4

Fri, 01st Oct 2021 13:11

LONDON, Oct 1 (Reuters) - The sentencing in a London court
of British oil services group Petrofac over charges that
it failed to prevent bribery in Iraq, Saudi Arabia and the UAE
has been postponed to Monday, a court spokesperson said in an
email.

Petrofac had said it would plead guilty to seven charges by
Britain's Serious Fraud Office (SFO) after a four-year
investigation relating to projects awarded in Iraq, the United
Arab Emirates and Saudi Arabia between 2012 and
2015.
(Reporting by Kirstin Ridley, writing by Shadia Nasralla;
Editing by Jon Boyle)

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5 Oct 2021 06:59

UPDATE: UK SFO says bribery probe continues after Petrofac fine

UPDATE: UK SFO says bribery probe continues after Petrofac fine

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4 Oct 2021 14:33

Petrofac "draws line" under bribery probe with GBP77 million fine

Petrofac "draws line" under bribery probe with GBP77 million fine

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4 Oct 2021 13:10

UPDATE 5-Petrofac shares surge after $105 mln penalty draws line under bribery probe

* Petrofac and former executive had pleaded guilty* Second guilty plea secured by Serious Fraud Office in 6 months* Penalty smaller than feared, but firm will still refinance (Adds SFO and with judge's comments)By Shadia Nasralla and Kirstin Ridley...

Read more
4 Oct 2021 13:10

UPDATE 4-Petrofac fined over bribery, ex-exec gets suspended sentence

* Petrofac and former executive had pleaded guilty* Second guilty plea secured by Serious Fraud Office in 6 months* Penalty smaller than feared, but firm will still refinance (Adds lawyer comment, paragraph 9)By Shadia Nasralla and Kirstin RidleyOc...

Read more
4 Oct 2021 13:10

UPDATE 3-Petrofac fined over bribery, ex-exec gets suspended sentence

* Petrofac and former executive had pleaded guilty* Second guilty plea secured by Serious Fraud Office in 6 months* Penalty smaller than feared, but firm will still refinance (Adds details of guilty plea, paragraphs 6-8)By Shadia NasrallaOct 4 (Reu...

Read more
4 Oct 2021 11:59

Petrofac fined £77m for bribery offences, shares surge

(Sharecast News) - Petrofac shares surged after the oilfield services provider said it has been fined £77m by Southwark Crown Court for seven offences of failing to prevent bribery in the Middle East between 2012 and 2015, drawing a line under the issue.

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4 Oct 2021 11:55

CORRECTED-(OFFICIAL)-UPDATE 2-Petrofac fined over bribery, ex-exec gets suspended sentence

(Corrects to show former executive received suspended sentence)* Petrofac and former executive had pleaded guilty* Second guilty plea secured by Serious Fraud Office in 6 months* Penalty smaller than feared, but firm will still refinanceBy Shadia Na...

Read more
4 Oct 2021 11:55

UPDATE 2-Petrofac fined $105 mln, former executive jailed for bribery

* Petrofac and former executive had pleaded guilty* Second guilty plea secured by Serious Fraud Office in 6 months* Penalty smaller than feared, but firm will still refinance (Adds detail)By Shadia NasrallaOct 4 (Reuters) - British oil services com...

Read more
4 Oct 2021 11:55

OFFICIAL CORRECTION-UPDATE 1-Petrofac fined $105 mln, former executive jailed for bribery

(Official correction to say Lufkin sentence fully suspended, not just for 18 months)By Shadia NasrallaOct 4 (Reuters) - British oil services company Petrofac was fined 77 million pounds ($105 million) on Monday and a former executive jailed after ...

Read more
4 Oct 2021 11:55

UPDATE 1-Petrofac fined $105 mln, former executive jailed for bribery

(Adds detail)By Shadia NasrallaOct 4 (Reuters) - British oil services company Petrofac was fined 77 million pounds ($105 million) on Monday and a former executive jailed after they pleaded guilty to bribery in Iraq, Saudi Arabia and the United Ara...

Read more
4 Oct 2021 11:28

OFFICIAL CORRECTION-Petrofac fined $105 mln, former executive jailed for bribery

(Official correction to say Lufkin sentence fully suspended, not just for 18 months)Oct 4 (Reuters) - British oil services company Petrofac was on Monday fined 77 million pounds ($104.57 million) and a former executive jailed after pleading guilty...

Read more
2 Oct 2021 15:40

UPDATE 1-Petrofac considers refinancing as faces possible $240 mln bribery fine

(Adds lawyer comment)LONDON, Oct 2 (Reuters) - British oil services group Petrofac said it is looking at refinancing options including debt and fresh equity as it faces a possible $240 million fine from a London court.Petrofac decided to plead gui...

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2 Oct 2021 14:00

Petrofac considers refinancing as faces possible $240 mln bribery fine

LONDON, Oct 2 (Reuters) - British oil services group Petrofac said it is looking at refinancing options including debt and fresh equity as it faces a possible $240 million fine from a London court.Petrofac decided to plead guilty to seven charges ...

Read more

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