Administrators lined up for North Sea oilfield services group Petrofac
Administrators are on standby this weekend to handle the collapse of Petrofac, the oil and energy services group - an insolvency which could threaten the future of more than 2,000 jobs in Scotland.
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Administrators are on standby to handle the collapse of the UK arm of Builder.ai, a Microsoft-backed start-up which has filed for bankruptcy protection in the US.
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The former chief executive of Petrofac, the oilfield services group which collapsed last month, is in talks to raise tens of millions of pounds for the offshore wind energy group he set up four years...11-11-2025, 04:30 PM
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It's not the start to the week that Ed Miliband, the energy secretary, would have been hoping for: more than 2,000 private sector jobs in Scotland at risk from the collapse of Petrofac, the London-listed...27-10-2025, 10:23 AM