Trouble in the North Sea? Petrofac files for administration amid debt crisis; 2,000 jobs at risk
Representative image (AP) Approximately 2,000 jobs are at risk after Petrofac, one of the largest oil and gas contractors in the North Sea, filed for administration.According to a report by Guardian, the company said it has approached the High Court of England and Wales to appoint administrators after losing a key offshore wind contract, which…