Through its three divisions - Engineering & Construction, Operations Services and Energy Developments - Petrofac: designs and builds oil & gas facilities; operates or manages facilities and trains personnel; and, where synergies are identified, co-invests to provide additional alignment.
Key facts
• More than 10,000 employees
• 24 offices worldwide
• Three divisions providing life of asset solutions; from design to decommissioning
• A constituent of the FTSE 100 (ticker number PFC.L)
• Geographic focus: UK Continental Shelf, Middle East, Africa, Commonwealth of Independent States, and Asia Pacific
• Diverse customer base comprising national, international and integrated oil companies
• 2007 Revenue of US$2,440m (2006: US$1,864m)
• 2007 Backlog of US$4,441m (2006: US$4,173m)
• 2007 Net profit of US$188.7m (2006: US$120.3m)
History
1981
- Petrofac was established as a producer of modular plant in Tyler, Texas, USA.
1991
- Petrofac International is started as an EPC business with an operational centre opened in Sharjah in the United Arab Emirates.
1997
- Petrofac Resources (now Petrofac Energy Developments) is established as a separate division.
2001
- Petrofac’s E&C services are expanded to include field facilities and development planning, early stage engineering, design and consultancy, and a new office was established in Woking, England.
2002
- PGS Production is acquired to create Petrofac Facilities Management, in Aberdeen, Scotland. Petrofac now employs circa 900 employees.
Petrofac Group is formed and a new divisional structure is implemented.
2003
- Petrofac’s US EPF business was sold to Chicago Bridge & Iron Company N.V.
2004
- RGIT Montrose is acquired leading to the creation of Petrofac Training.
2005
- The acquisition of Rubicon Response further strengthens Petrofac Training.
- Petrofac Facilities Management and Petrofac Training are brought together under Petrofac Operations Services.
- Admitted to the official list of the London Stock Exchange (circa 5,500 employees).
2007
- Petrofac buys a controlling stake in specialist well operations provider SPD Group Ltd.
2008
- Petrofac announces entry to the FTSE 100 Index.
- Petrofac continues to go from strength to strength and today employs more than 10,000 personnel operating from over 24 offices around the globe.
Contact details:
London, England
Corporate Services
117 Jermyn Street
London SW1Y 6HH
United Kingdom
T: +44 20 7811 4900
F: +44 20 7811 4901
Energy Developments
4th Floor, Rex House
4-12 Regent Street
London SW1Y 4PE
United Kingdom
T: +44 20 7925 4900
F: +44 20 7925 4936
Aberdeen, Scotland
Petrofac Facilities Management
Bridge View
1 North Esplanade West
Aberdeen AB11 5QF
United Kingdom
T: +44 1224 247000
F: +44 1224 247001
Petrofac Training
Pavilion 4
Craigshaw Business Park
Craigshaw Road
West Tullos
Aberdeen AB12 3QH
United Kingdom
T: +44 1224 899707
F: +44 1224 244752
Energy Developments
Bridge View
1 North Esplanade West
Aberdeen AB11 5QF
United Kingdom
T: +44 1224 247000
F: +44 1224 247575
Montrose, Scotland
Country Office
Forties Road Industrial Estate
Montrose DD10 9ET
United Kingdom
T: +44 1674 672230
F: +44 1674 667334
Woking, England
Engineering & Construction (Europe)
Chester House
76-86 Chertsey Road
Woking
Surrey GU21 5BJ
United Kingdom
T: +44 1483 738 500
F: +44 1483 738 501
Stavanger, Norway
Country Office
Petrofac Norge AS
Hinna Park Building C
4065 Stavanger
Norway
T/F: +47 529 77 220
Mailing address
Petrofac Norge AS
PO Box 130
4065 Stavanger
Norway
T/F: +47 529 77 220
Petrofac also have offices in:
Moscow, Russia
Alger, Algeria
Tunis, Tunisia
Sfax, Tunisia
Alexandria, Egypt
Khartoum, Sudan
Lagos, Nigeria
Kuwait City, Kuwait
Abu Dhabi, UAE
Sharjah, UAE
Muscat, Oman
Tehran, Iran
Baku, Azerbaijan
Atyrau, Kazakhstan
Aksai, Kazakhstan
Jalal-Abad, Kyrgyzstan
Mumbai, India
Chennai, India
Beijing, China
Kuala Lumpur, Malaysia
Houston, USA
http://www.petrofac.com
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