The court at first instanceRe Petrofac Limited and Petrofac International (UAE) LLC [2025] EWHC 1250 (Ch). sanctioned the plans despite active opposition from two joint venture partners of Petrofac, ...
Go-forward strategy will emphasize topline revenue growth and future profitability. Company to reduce total operating costs by an estimated 15% in fiscal year 2025. The restructuring will allow ...