UK-based offshore service provider Petrofac has been notified by UAE’s ADNOC that it has been suspended from competing for new awards until further notice.
Read More: Huge contract by Adnoc to Expand World’s Largest 3d Seismic Survey
The decision by ADNOC follows David Lufkin, a former executive of Petrofac, pleading guilty in a UK court to three charges of bribery for offering and making $30m in payments to influence the awarding in 2013 of an engineering, procurement and construction contract to UK-based offshore service provider for the Upper Zakum project.
Read More: Adnoc Ends contracts for Dalma Gas Development
UK-based offshore service provider Petrofac said it would continue engineering, procurement and construction work on two ADNOC projects currently underway.
Read the latest issue of Robban Assafina Magazine (Issue 71)
“ADNOC has stated that it recognizes the long-standing nature of its relationship with Petrofac and has confirmed that its decision will be reviewed on a periodic basis,” Petrofac said in a statement.
Source: Splash 247
