Trouble in the North Sea? Petrofac files for administration amid debt crisis; 2,000 jobs at risk – The Times of India

Trouble in the North Sea? Petrofac files for administration amid debt crisis; 2,000 jobs at risk – The Times of India

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…

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‘Administration didn’t worsen situation’: Ladakh LG defends action amid violence; urges protestors to resume talks with Centre | India News – The Times of India

‘Administration didn’t worsen situation’: Ladakh LG defends action amid violence; urges protestors to resume talks with Centre | India News – The Times of India

NEW DELHI: Ladakh Lt governor Kavinder Gupta on Wednesday defended the administration on recent violence during protests in which four people were killed. He urged the agitating bodies to resume talks with the central government.“The administration has not made the situation worse, nor did we want it to be like this. What led to the…

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