Trisha Shetty (Editor)

Petrofac

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Type
  
Public

Founded
  
1981

Headquarters
  
Saint Helier, Jersey

Number of employees
  
13,500 (2017)

Traded as
  
LSE: PFC

Products
  
Petrochemicals

Revenue
  
6.844 billion USD (2015)

Petrofac httpswwwpetrofaccomassetsimageslogo1xpng

Industry
  
Engineering, Procurement & Construction, Oil & Gas

Key people
  
Rijnhard van Tets, Chairman Ayman Asfari, Group Chief Executive Alastair Cochran, Chief financial officer

Stock price
  
PFC (LON) 915.50 GBX -10.50 (-1.13%)29 Mar, 1:39 PM GMT+1 - Disclaimer

CEO
  
Ayman Asfari (11 Jan 2002–)

Profiles

Petrofac limited corporate video


Petrofac is a provider of oilfield services to the international oil and gas industry. It is registered in Jersey (number 81792), with its main corporate office on Jermyn Street, London. 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. It is quoted on the London Stock Exchange, and is a constituent of the FTSE 250 Index.

Contents

Film institutionnel de petrofac


History

The company was established as a producer of a modular plant in Tyler, Texas, United States in 1981. It was first listed on the London Stock Exchange in 2005. In 2010, it bought a 20 percent share in the Gateway storage scheme, an undersea cavern for gas storage.

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.

Services

Petrofac:

  • 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
  • References

    Petrofac Wikipedia