Petrofac
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Petrofac Limited | |
---|---|
Type | Public (LSE: PFC) |
Founded | 1981 |
Headquarters | Woking, UK |
Key people | Rodney Chase, Chairman Ayman Asfari, CEO |
Industry | Construction, Chemical engineering |
Revenue | US$1863.9 million (2006) |
Net income | US$121.9 million (2006) |
Employees | 9,500(2007) |
Website | www.petrofac.com |
Petrofac is a group of companies involved in oil, gas, and energy industries.
It was founded in Texas in 1981 but in 1991 became Petrofac International, and in 2005 became a publicly quoted company.
Petrofac Limited is quoted on the London Stock Exchange and is one of the FTSE 250 companies. It is registered in Jersey (number 81792), but its principal office is in Woking, UK. In addition it has major offices in Aberdeen, Mumbai, and Sharjah, and a further 20 offices in various countries.
It has three divisions.
Petrofac Engineering and Construction, as the name suggests, constructs oil and gas production and processing plants. Petrofac Operations Services runs oil and processing plants, and/or provides management facilities and training for personnel on them. Petrofac Energy Developments invests in oil and gas facilities. It owns a stake in developments in Algeria, Malaysia, Kyrgyzstan, UK North Sea, and Tunisia.