Petrofac loses out on $10 billion in contracts as SFO probe drags on
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(Reuters) - Oilfield services provider Petrofac lost out on $10 billion (8 billion pounds) worth of contracts globally due to a probe by Britain's Serious Fraud Office into dealings in Saudi Arabia and Iraq, its finance chief said on Tuesday.Petrofac shares, which have lost nearly half of their value since the SFO first announced its probe in 2017 as part of a wider investigation into Monaco-based oil and gas consultancy Unaoil, fell as much as 6.4%.In February, the SFO said Petrofac's former..