„Orlen Lietuva“ also requests the temporary seizure of Petrofac assets worth 104 million euros in the claim submitted last week to the Vilnius Commercial Arbitration Court, reliable sources informed BNS.
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The company’s representative Dominykas Jakštas did not comment on this information to BNS.
The Vilnius Commercial Arbitration Court told BNS that it cannot confirm or deny having received the claim from Orlen Lietuva.
“The Vilnius Commercial Arbitration Court, following the principle of arbitration confidentiality, does not provide information about possible arbitration proceedings, their parties or circumstances, therefore it cannot confirm or deny the information you indicated,” the court said in a comment to BNS.
BNS wrote that Orlen Lietuva terminated the contract with Petrofac last November for the construction of a raw material residue conversion unit due to constant delays in work caused by financial difficulties and failure to settle accounts with Lithuanian subcontractors on time.
Petrofac subcontractors previously told BNS that the UK contractor delayed payments for work throughout the project, and payments were suspended at the end of October 2025 when a bankruptcy administrator was appointed. Lithuanian companies claimed that due to delayed payments, they were working at a loss, thus reducing the number of employees and working at a minimal pace.
According to representatives of Orlen Lietuva, about 80 percent of all project work had been completed by then.
As previously stated to BNS by the Polish state-controlled energy group Orlen, Orlen Lietuva covered part – 3.1 million euros – of Petrofac’s debts to Lithuanian subcontractors. The project involved companies Alvora, Iremas, Elektrėnų energetikos remontas, Hotrema, Resursas, Amiksas, PST, and others.
Orlen Lietuva planned to complete the Mažeikiai plant project, which will allow more efficient oil refining, in September this year, although earlier its completion was planned for September 2025.
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According to BNS information, a new contractor is expected to be selected soon, and work is to be resumed at the beginning of next year.
As BNS wrote last October, BBC reported that after the Dutch electricity grid operator TenneT terminated a large wind turbine contract in the North Sea with Petrofac, thus ruining its financial restructuring, Petrofac applied to the High Court of England and Wales for the appointment of an administrator.
Petrofac announced at the beginning of August this year that the UAE holding company Al Mazrui International completed an investment in Petrofac HoldCo, which controls Petrofac Emirates, and became a strategic investor.
Additionally, Petrofac announced in March that it signed an agreement to sell Petrofac Emirates to a consortium led by the US investment company Mason Capital Management and the UK company Pearlstone Alternative.
The Offshore Energy portal reported in April that Petrofac sold its US division Asset Solutions to CB&I, which is owned by a consortium of financial investors led by Mason Capital Management, for an undisclosed amount. The proceeds from the deal will be distributed to creditors according to their agreement with Petrofac.
Orlen Lietuva signed a contract worth 641 million euros with Petrofac Ltd. in October 2021 for the construction of a deep oil refining unit in Mažeikiai. In August 2023, Orlen Lietuva announced that investments in the plant’s modernization increased by 45 percent and amount to about 970 million euros.
The Lithuanian Government recognized the plant’s modernization as a project of strategic importance last March. The ministers of economy, finance, energy, and environment, along with the head of Orlen Lietuva, then signed a memorandum of intent regarding state support for the company.
