Petrofac’s UK business is based in Aberdeen and is involved in the operation of North Sea oil platforms for firms including ...

People close to the company say they are hopeful a buyer can be found swiftly for its North Sea operations, possibly in the ...

MORE than 2,000 jobs are at risk in Scotland as oil and energy giant Petrofac has fallen into administration. It emerged this morning that the London-based company had applied to the High Court of ...

Amazon and UPS on Tuesday announced tens of thousands of job cuts, the latest signal that the U.S. labor market is ...

The latest job cuts hit Microsoft’s Xbox video game business and other divisions. The company has cited “organizational ...

The Education Department said the grants conflicted with the Trump administration's priorities. But a judge said the money ...

Petrofac has entered administration after losing a major Dutch contract, threatening thousands of jobs and reigniting debate over the future of the UK’s North Sea energy industry.

More than 30 jobs have been lost at a longstanding manufacturer of road signage products following its collapse into administration.

Global oil and gas services firm Petrofac has filed for administration, putting jobs at risk at its offices in, Norfolk.