company_name = Petrofac Limited
company_type = Public (lse|PFC)
key_people = Rodney Chase, Chairman
Construction, Chemical engineering
revenue = US$2,440.3 million (
operating_income = US$248.5 (
net_income = US$188.7 million (
num_employees = 9,500 (
homepage = [http://www.petrofac.com www.petrofac.com]
Petrofac is a group of companies involved in oil, gas, and energy industries. It is quoted on the
London Stock Exchangeand is a constituent of the FTSE 100 Index(PFC.L), joining for the first time on 23 June 2008. cite web|url=http://www.ftse.com/Media_Centre/Press_Releases/2008/20080611_Invensys,_Ferrexpo,_Petrofac_&_Drax_Group_to_Join_FTSE_100.doc |title=Invensys, Ferrexpo, Petrofac and Drax Group to Join FTSE 100 |accessdate=2008-06-14 |date=2008-06-11 |format=DOC |publisher= FTSE Group] It is registered in Jersey(number 81792), with its main corporate office in Jermyn Street, London. In addition it has major offices in Aberdeen, Mumbai, and Sharjah, and a further 20 offices in various countries.
The business was founded in
Texasin 1981as a producer of modular plant. [http://www.petrofac.com/History.html Petrofac History] ] It was first listed on the London Stock Exchangein 2005.
The Company has three divisions.
*Petrofac Engineering and Construction, as the name suggests, constructs oil and gas production and processing plants. It specialises in delivering large, complex projects in remote locations.
*Petrofac Operations Services runs oil and processing plants, and/or provides management facilities and training for personnel on them. Its main base is the UK North Sea, although it also has contracts in Dubai.
*Petrofac Energy Developments invests in oil and gas facilities. It owns a stake in developments in
Algeria, Malaysia, Kyrgyzstan, UK North Sea, and Tunisia.
* [http://www.petrofac.com/ Company Website]
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