Petrofac terminates contract with ZPMC

9th Oct 2015 07:08

(ShareCast News) - Petrofac has terminated its contract with ZPMC.The oil and gas service provider announced the decision on Friday after performance issues over the construction of its deepwater multi-purpose offshore vessel.Chief executive Ayman Asfari said the board is reviewing its options."It is regrettable that it has become necessary for us to take this decision."

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