Petrofac initiates Board review

Petrofac confirms that an internal investigation is underway into media reports alleging a breach of the Group’s Code of Conduct. We take any allegations of activities that may contravene our strict anti-bribery and corruption standards very seriously.

Whilst to date we have not identified any evidence of wrongdoing, we have appointed Freshfields Bruckhaus Deringer and KPMG LLP to assist us in conducting a full investigation, the findings of which will be reported directly to the Petrofac Limited Board. We aspire to the highest standards of ethical behaviour and we are determined to investigate these allegations to the fullest extent possible.