Saipem and others -v- Petrofac

Business and Property CourtsCivilCourt of Appeal Civil DivisionInsolvency and Companies ListJudgment

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Neutral Citation Number: [2025] EWCA Civ 821

Case number: CA-2025-001239

In the Court of Appeal (Civil Division)
On appeal from the High Court of Justice
Business and Property Courts of England and Wales
Insolvency and Companies List (ChD)
Mr Justice Marcus Smith
[2025] EWHC 1250 (Ch)

In the matter of Petrofac Limited
And in the matter of Petrofac International (UAE) LLC
And in the matter of the Companies Act 2006

1 July 2025

Before:

Lord Justice Snowden
Lord Justice Zacaroli
and
Sir Christopher Floyd

Between:

(1) Saipem S.P.A.
(2) Saipem Singapore PTE Ltd
(3) Samsung E&A Co, Ltd
(4) Samsung E&A (Thailand) Co, Ltd
(Appellants)

-v-

(1) Petrofac Limited
(2) Petrofac International (UAE) LLC
(Respondents)