Petrofac Ltd - Company Profile
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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 behalf of its customers and trains personnel. The company also develops and co-invests in 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 Jersey, Saint Helier, the UK.
Headquarters
United Kingdom
Address
26 New Street, Saint Helier, Jersey, JE23RA
Website
www.petrofac.com
Telephone
44 207 8114900
No of Employees
7,950
Industry
Energy and Utilities
Ticker Symbol & Exchange
PFC (LON)
Revenue (2021)
$2.6B
-14.7%
(2021 vs 2020)
EPS
XYZ
Net Income (2021)
XYZ
-26.5%
(2021 vs 2020)
Market Cap*
$153.1M
Net Profit Margin (2021)
XYZ
-48.4%
(2021 vs 2020)
* As of and is in US$
Petrofac Ltd premium industry data and analytics
Products and Services
| Services |
|---|
| Asset Management |
| Competence Assurance and Management |
| Competence Development and Assessment |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In April, the company extended its contract with BP to continue supporting its North Sea portfolio. |
| 2024 | Contracts/Agreements | In March, the company received a contract extension in the Southern North Sea with ONEgas West to offer services across ONEgas West’s Southern North Sea portfolio. |
| 2024 | Contracts/Agreements | In March, the company was awarded an operations contract from Turkemengas for the Galkynysh gas field. |
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 | Milano | North Sydney |
| State/Province | Jersey | Texas | Texas | - | New South Wales |
| No. of Employees | 7,950 | 111,000 | 30,187 | - | 48,223 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Tareq Kawash | Chief Executive Officer; Director | Executive Board | 2023 | - |
| Afonso Reis e Sousa | Chief Financial Officer; Director | Executive Board | 2021 | - |
| George Eapen | Chief Information Officer | Senior Management | 2020 | - |
| Elie Lahoud | Chief Operating Officer - Engineering & Construction (E&C) | Senior Management | 2021 | - |
| John Pearson | Chief Operating Officer - New Energy Services | Senior Management | 2021 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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