Petrofac Ltd (Petrofac), is an oilfield services company that provides integrated services to production and processing industries. It designs and builds oil and gas facilities; operates, maintains and manages facilities on the behalf of its customers and trains personnel. The company also develops and co-invests in the upstream and infrastructure projects. Petrofac provides engineering services, including conceptual and feasibility studies and front-end engineering and design (FEED) to customers across the oil and gas asset life cycle, on either a stand-alone or integrated basis. It operates through a network of operational centers, offices and training facilities worldwide. The company’s clients include national, international, and integrated oil companies. Petrofac is headquartered in London, Greater London, the UK.

Headquarters United Kingdom

Address 44 Esplanade, Saint Helier, JE49WG


No of Employees 7,598

Industry Energy and Utilities

Ticker Symbol & Exchange PFC (LON)

Revenue (2020) $3.1B -25.1% (2020 vs 2019)

EPS XXX

Net Income (2020) XXX -1.6% (2020 vs 2019)

Market Cap* $585.1M

Net Profit Margin (2020) XXX -35.7% (2020 vs 2019)

   

* As of and is in US$

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Products and Services

Services
Asset Management
Competence Assurance and Management
Competence Development and Assessment
XXX
XXX
XXX
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 Contracts/Agreements In September, the company secured a two-year Field Maintenance Services contract extension with Abu Dhabi National Oil Company Group’s, Al Dhafra Petroleum to support operations at the Haliba oil field.
2022 Others In September, the company submitted bid for a prized onshore contract from Adnoc Gas Processing for work on the Habshan gas compression facility, which forms part of the emirate’s drive to further boost its gas production.
2022 Contracts/Agreements In September, the company signed a memorandum of understanding (MOU) with Oman Hydrogen Centre (OHC) to collaborate in building capabilities for Oman’s renewable energy sector, particularly in green hydrogen.
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Competitor Comparison

Key Parameters Petrofac Ltd Schlumberger Ltd Fluor Corp Saipem SpA Worley Ltd
Headquarters United Kingdom United States of America United States of America Italy Australia
City Saint Helier Houston Irving San Donato Milanese North Sydney
State/Province - Texas Texas - New South Wales
No. of Employees 7,598 92,000 40,582 27,520 51,000
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Rene Medori Chairman Executive Board 2018 -
Sami Iskander Director; Chief Executive Officer Executive Board 2021 -
Afonso Reis e Sousa Chief Financial Officer; Director Executive Board 2021 -
Nick Shorten Chief Operating Officer - Engineering & Production Services Senior Management 2021 -
Elie Lahoud Chief Operating Officer - Engineering & Construction (E&C) Senior Management 2021 -
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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