Making a difference for more than three decades.
2020 marks 39 years in business for Petrofac – and we have certainly come a long way. Petrofac started life in 1981 with just 25 people on board. Today we are a robust global business with around 11,500 employees.
Over the years, we have always remained focused on our clients, operational excellence and supporting the market’s changing needs. Here we look back on some of the milestones in our history; the key moments that have created the Petrofac you see today.
Petrofac is established as a producer of modular plant in Tyler, Texas, USA with 25 members of staff.
Resources (now Developments) business created, combining the Group's capabilities in design, construction and operation of facilities and infrastructure with a commercial approach to investment.
The Group is admitted to the Official List of the London Stock Exchange with market capitalisation of around US$1.3 billion.
Awarded an EPC contract for the development of onshore pipelines and a gas receiving terminal near Kıyıköy in Turkey – our first contract in the country. The project will open up a vital gas export channel from Russia to Turkey and Southeast Europe.