Petrofac has terminated a contract with ZPMC over alleged issues with its performance in construction of the design of a deepwater multi-purpose vessel.
The international service provider said the move was “regrettable” but “necessary”.
ZPMC had been involved in the proprietary design of the Petrofac JSD 6000 deepwater multi-purpose vessel prior to the cancellation.
Ayman Asfari, group chief executive, said: “It is regrettable that it has become necessary for us to take this decision, and the board is now reviewing its options.”
Recommended for you
