Petrofac plea deal in bribery investigation | Reuters News Agency
Business & FinanceReuters News First

Petrofac plea deal in bribery investigation

Reuters was ahead by six seconds on Oct 4 with news that British oil services company Petrofac had reached a plea deal with Britain’s Serious Fraud Office in a four-year bribery investigation.

Market Impact

The news sent Petrofac shares up 25%, as the probe had weighed heavily on its ability to win contracts in the region.



Article Tags
Topics of Interest: Business & FinanceReuters News First
Type: Reuters News First
Sectors: Equities
Regions: Europe
Countries: England
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
FILE PHOTO: A pump jack operates in front of a drilling rig at sunset in an oil field in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford/File Photo
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