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Adnoc Lifts Suspension Imposed on Petrofac

Petrofac has been notified by Abu Dhabi National Oil Company (Adnoc) of the lifting of the suspension imposed on March 15, 2021, and the reinstatement of Petrofac in Adnoc’s commercial directory.

 

“Pursuant to this reinstatement, Petrofac is allowed to participate in all Adnoc’s upcoming new tenders with immediate effect,” the company said on its website.

 

It further said: “This decision acknowledges Petrofac cooperation with Adnoc’s internal reviews and Petrofac’s commitment to comply with the Adnoc Group Supplier Code of Ethics. It also takes into account Petrofac’s efforts to strengthen governance and implement new policies and procedures to ensure compliance with applicable laws and regulations.”

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