#107977
Re: Cobas AM: Nueva Gestora de Francisco García Paramés
Specifically, Mr Lufkin has pleaded guilty to his role in offering and making corrupt payments to agents to influence the award of an engineering, procurement and construction (EPC) contract to Petrofac in 2013 (and a variation to that contract awarded in 2014) on the Upper Zakum UZ750 Field Development Project, and a front-end engineering design (FEED) contract awarded to Petrofac in 2014 on the Bab Integrated Facilities Project, each located in Abu Dhabi. Total payments of approximately $30 million were made, or were due to be made, by Petrofac to those agents in connection with these contracts.
These charges are in addition to eleven charges of bribery already brought by the SFO, to which Mr Lufkin pleaded guilty in February 2019. Those charges related to corrupt offers to influence the award of contracts to Petrofac in Iraq worth in excess of $730 million and in Saudi Arabia worth in excess of $3.5 billion.
Mr Lufkin’s case has been committed for sentence to Southwark Crown Court on 11 February 2021.
The SFO’s investigation into the activities of Petrofac, its officers, employees and agents for suspected bribery, corruption and money laundering continues. This is an active case and the SFO can provide no further comment at this time.
Freedom is driven by determination