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Thousands of jobs set to be saved at oil and gas firm

December 26, 2025

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An agreement has been reached to rescue a portion of the energy services company Petrofac, which employs 2,000 individuals in Aberdeen, from administration. This deal is expected to safeguard a significant number of jobs within the firm. Petrofac, a prominent player in the oil and gas services sector, has been facing financial difficulties. The proposed rescue plan aims to secure the future of a substantial part of its operations and workforce in the Aberdeen region, a key hub for the UK’s energy industry. Further details regarding the specifics of the deal and the number of jobs ultimately saved are anticipated as the process moves forward.

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