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SFO: Former Petrofac executive pleads guilty in bribery case

Jaclyn Jaeger | February 7, 2019

A former executive of Petrofac pleaded guilty this week to bribery offenses in connection with an ongoing investigation by the U.K. Serious Fraud Office into the oilfield services company and its subsidiaries.

On 6 February 2019, David Lufkin, a British national and former global head of sales for Petrofac International, pleaded guilty at Westminster Magistrates’ Court to eleven counts of bribery, contrary to Sections 1(1) and 1(2) of the Bribery Act.  These offences relate to the making of corrupt offers to influence the award of contracts to Petrofac worth more than U.S. $730 million in Iraq, and more than U.S. $3.5 billion in Saudi Arabia. Lufkin will be sentenced at a later date.

Among the charges: Payments of approximately U.S. $2.2 million were made by Petrofac to two agents for a U.S. $329.7 million engineering, procurement and construction contract on...

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