Reducing costs In this period of unprecedented disruption, we are taking decisive actions to improve our cost competitiveness and protect the long-term health of our business. Petrofac reported a 20 % drop in net full year profits after booking an exceptional lease fee of $ 79 m largely related to Port Aberdeen near Aberdeen , which it sold last year . The company is well positioned for 2019 with good revenue streams and a healthy supply pipeline , according to CEO Ayman Asfari .
Petrofac reported a 20 % drop in net full year profits after booking an exceptional lease fee of $ 79 m largely related to Port Aberdeen near Aberdeen , which it sold last year . The company is well positioned for 2019 with good revenue streams and a healthy supply pipeline , according to CEO Ayman Asfari .