#Petrofac
This is incredibly concerning news for employees of Petrofac, their families, and the wider community.

The UK Government must urgently revisit the Energy Profits Levy.

The Scottish Government stands ready to support all those affected by today’s news.
North Sea oil and gas firm Petrofac files for administration
The energy services provider, which had been undergoing a financial restructuring, employs about 2,000 people in Scotland.
www.bbc.co.uk
October 27, 2025 at 12:36 PM
Thousands of jobs at risk as Petrofac files for administration on.ft.com/47IUzys
Thousands of jobs at risk as Petrofac files for administration
Operations will continue while application for holding company of former FTSE 100 group proceeds
on.ft.com
October 27, 2025 at 9:41 AM
And the Falkirk fans perform a pitch invasion, the likes of which hasn't been seen since the huns won the petrofac cup
May 2, 2025 at 8:42 PM
Ah ok petrofac cup it is then🤡
April 18, 2025 at 2:04 PM
Outrage as Hearts legend eats entire Moldovan flag in act of disrespect to minnows Petrofac Cup Hincesti

@rajworks.bsky.social
December 19, 2024 at 12:22 PM
These guys shouldn't be allowed to quit. They should be prosecuted & sent to jail.

---
Cochran joined Thames in 2021, and served as co-interim chief executive between Jun 2023 and Jan 2024 before resuming the role of chief financial officer.

Before Thames, he was CFO of oil multinational Petrofac.
Chief finance officer of under-fire Thames Water quits £1.3m-a-year role
Alastair Cochran’s successor to be appointed ‘in due course’ at critical time for cash-strapped company
www.theguardian.com
March 31, 2025 at 8:40 PM
UK's Petrofac secures court approval for $355 million funding boost reut.rs/4krHXzq
UK's Petrofac secures court approval for $355 million funding boost
British oilfield services provider Petrofac on Tuesday said it has secured High Court approval for its restructuring plan, unlocking $355 million in funding to significantly reduce its debt.
reut.rs
May 20, 2025 at 11:35 AM
They’ll be able to concentrate on the Petrofac Cup now
🤣😂🤣
February 9, 2025 at 5:56 PM
RMT expresses concerns over Petrofac jobs
Offshore energy union RMT expressed deep concerns today following the news that Petrofac has gone into receivership, placing the jobs and livelihoods of offshore and onshore in jeopardy.
rmtunion.org/48Ow4kt
RMT expresses concerns over Petrofac jobs
Offshore energy union RMT expressed deep concerns today following the news that Petrofac has gone into receivership, placing the jobs and livelihoods of offshore and onshore in jeopardy.
rmtunion.org
October 27, 2025 at 1:04 PM
If John Swinney means what he says about Petrofac, we have to stop wasting time debating oil & gas while the industry expires.

Instead, let's put all our force behind investing in Aberdeen's green energy future.
This is incredibly concerning news for employees of Petrofac, their families, and the wider community.

The UK Government must urgently revisit the Energy Profits Levy.

The Scottish Government stands ready to support all those affected by today’s news.
North Sea oil and gas firm Petrofac files for administration
The energy services provider, which had been undergoing a financial restructuring, employs about 2,000 people in Scotland.
www.bbc.co.uk
October 28, 2025 at 11:40 AM
Petrofac has had problems over a number of years. The shallow understanding of the industry shown by Swinney and Lumsden doesn’t help Petrofac staff.

What would help is a real, worker-led transition plan that creates opportunities for anyone who does lose their job.

www.bbc.co.uk/news/article...
North Sea oil and gas firm Petrofac files for administration
The energy services provider, which had been undergoing a financial restructuring, employs about 2,000 people in Scotland.
www.bbc.co.uk
October 27, 2025 at 8:34 PM
#PFC.L 'material dilution' for remaining Petrofac shareholders, as agreement reached with creditors for a debt/equity swap:
December 23, 2024 at 7:11 AM
Taking the rapid decline of life on these islands into account 'Battle of Britain' is actually a fitting description for a match in between the worst Man United team in history and a club that consider beating Peterhead in the 2016 "Petrofac Training Cup Final" as an notable achievement.
January 23, 2025 at 12:45 PM
The Super Bowl atmosphere is like the Petrofac Cup and Tennants Sixes rolled into one. #SuperbowlLIX
February 9, 2025 at 11:24 PM
Major UK recruiters linked to tax avoidance schemes after workers hit with crippling HMRC demands
Major UK recruiters linked to tax avoidance schemes after workers hit with crippling HMRC demands
Hays, Capita, Petrofac. These are some of Britain's best known companies and big players in the recruitment industry. 
news.sky.com
March 11, 2025 at 3:25 AM
Rose from the ashes to take two shots at the petrofac cup
March 8, 2026 at 1:01 PM
Big Petrofac winners tho, let’s give the new team credit
May 23, 2026 at 6:10 PM
Petrofac is an Oil field service company. Energy production is Reserved to Westminster. Holyrood and by extension we the voters, have no control over energy policy. Do you think if Scotland was independent and managing its own resources, a massive company like this would be failing?
#PIVA #2026
October 27, 2025 at 8:50 PM
Petrofac administrators eye North Sea sale by Christmas
Petrofac administrators eye North Sea sale by Christmas
Administrators to Petrofac, the collapsed oilfield services company, are racing to secure a sale of its North Sea operations by Christmas - a move which could savage thousands of British jobs.
news.sky.com
December 4, 2025 at 4:44 PM
RMT blasts big oil and gas for benefiting from Petrofac administration

Offshore union, RMT has criticised North Sea operator Ithaca Energy for extracting huge profits and dividends while benefiting from job losses in the supply chain.
rmtunion.org/47T7QU2
RMT blasts big oil and gas for benefiting from Petrofac administration
Offshore union, RMT has criticised North Sea operator Ithaca Energy for extracting huge profits and dividends while benefiting from job losses in the supply chain.
rmtunion.org
November 12, 2025 at 9:36 AM
They don't give their Petrofac cup win enough credit.

That was a BIG deal.
May 5, 2026 at 8:32 PM
Scotland's unjust transition is proceeding at the dictate of oil and gas multinationals like Texan Exxon, Jersey registered Petrofac, the Chinese state-owned PetroChina and Jim Ratcliffe's INEOS.
November 20, 2025 at 12:44 PM
It's important responsibility is placed firmly with multinationals - be they Petrofac, Petroineos or Exxon. Governments have also failed here but companies raking in billions who have profited from Scottish workers and our natural resources who are causing devastation now.
November 19, 2025 at 12:12 PM
UK reporting sees strong Q3 update from #EMG.L Man Group for net inflows and AUM growth, a disposal by #SMIN.L Smiths Group; and confirmation that #PFC.L Petrofac disposal will lead to a 🍩 for unfortunate shareholders who didn't get out in time:
October 17, 2025 at 6:18 AM
The Lithuanian division of Poland’s oil giant Orlen has canceled a nearly €1 billion agreement with U.K.-based energy service provider Petrofac due to delays in renovating a strategic refinery.
November 24, 2025 at 4:09 PM