Heritage

Making a difference for more than three decades.

2017 marks 36 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 13,500 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.

 

Three engineers walking through desert

1981

Petrofac is established as a producer of modular plant in Tyler, Texas, USA with 25 members of staff.

Exterior of Sharjah office

1991

Ayman Asfari and Maroun Semaan join the team and establish Petrofac International as an Engineering, Procurement and Construction (EPC) business, with an operational centre in Sharjah, United Arab Emirates.

Man standing beside pillar talking on walkie talkie

1992

Awarded the North Oman Crude Stabilisation project, valued at US$60 million.

Two men standing behind rails on edge of platform pointing into the distance

1997

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.

Onshore gas plant

2000

Awarded the landmark 39-month Ohanet project, a joint venture with ABB valued at US$600 million.

Man looking at engineering designs on paper

2001

Our engineering and construction services are expanded to include field facilities and development planning, early stage engineering, design and consultancy. A new office is established in Woking, England.

Man looking out to offshore platform

2002

PGS Production acquired to create a facilities management business in Aberdeen, Scotland.

Man standing on rails above gas cyclinder

2003

Our US Engineering, Procurement and Fabrication business is sold.

Training instructor talking to people wearing life jackets in pool

2004/05

RGIT Montrose and Rubicon Response are acquired, leading to the creation of Petrofac Training Services and expanding our service offering to include competence and technical training and emergency response capability.

Desert

2007

Petrofac buys a controlling stake in specialist well operations provider SPD Group Ltd.

pipes and equipment

2008

Petrofac acquires Eclipse Petroleum Technology and Caltec. The Group now has significant sub-surface, well and production engineering capability. Petrofac enters the FTSE 100.

Two men looking at computer screen

2011

As part of a wider reorganisation, a new division, Integrated Energy Services (IES), is created to help deliver the next stage of our strategic development, harnessing our existing service capability and delivering this on an integrated basis to resource holders.

People talking around a desk and looking at designs

2011

Petrofac Training Services acquires SkillsVX, a competence management software tool specifically developed to meet the complex competency requirements of the oil and gas industry.

Man looking at engineering designs on paper

2012

Petrofac acquires KW Limited, a high-end subsea pipeline consulting and engineering services business with an established reputation in the subsea pipeline market. Petrofac Training Services acquires Oilennium Ltd, a specialist e-learning provider to the energy industry.

Two men standing on deck of offshore platform

2012

A new business unit, Offshore Capital Projects (OCP), is established to focus on taking our EPC capability offshore and will deliver our engineering, procurement, installation and commissioning (EPIC) projects.

Gas plant with blue sky

2013

Inauguration of our largest EPC project to date, the US$3.4bn Galkynysh gas field project in Turkmenistan.

CGI of Petrofac JSD 6000 vessel

2014

Placed all critical path lump-sum orders to build our new proprietary design “Petrofac JSD 6000” offshore installation vessel.

Two men smiling and wearing safety helmets and glasses

2015

Continued to grow our presence in the Middle East, with our largest contract win in Kuwait at US$4 billion in consortium with Consolidated Contractors Company.

2016 313x195.jpg

2016

Extended our 28-year track record in Oman with the award of the Salalah LPG extraction project. We currently have four mega-projects underway in the Sultanate, valued at around US$5.2 billion.