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Petrofac is a provider of oilfield services to the international oil and gas industry.
It has operational centres in Aberdeen, Sharjah, Woking, Chennai, Mumbai, Delhi, Abu Dhabi, Saudi Arabia and Kuala Lumpur.
There are another 24 offices in various countries.
The company was established as a producer of a modular plant in Tyler, Texas, United States in 1981.
In November 2013, Petrofac and the Italian oil firm Bonatti partnered on a $650 million joint venture contract for Sonatrach, adding to the firm’s already significant presence in Algeria.
In November 2014, the company issued a profit warning, saying that profit for 2015 will fall by 25%, as slowing demand in China and abundant US output cuts the oil price.
designs and builds new oil and gas facilities
manages and maintains existing facilities
enhances the performance of more mature or marginal assets
develops and trains personnel
Petrofac is organised into two business units:
Engineering, Construction, Operation and Maintenance
Integrated Energy Services
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