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10 February 2014

Petrofac Becomes First Dedicated Oilfield Services Company to Achieve Prestigious Accreditation

Petrofac has become the first dedicated oilfield service company in the UK to achieve Corporate Accreditation from the Association for Project Management (APM) – a globally recognised professional body, which works to promote and raise standards within the project management profession.

The accreditation was confirmed following the successful assessment of its Projects Academy Development programme – a Centre of Excellence which develops a project professional’s skills to a benchmarked standard - strengthening the Company’s project delivery capabilities.

The programme, aligned with the FIVE Dimensions of Professionalism – APM’s standards and professional framework, supports personnel to achieve APM qualifications that are internationally recognised and mapped against the International Project Management Association (IPMA). Personnel also undergo competence assessments to help establish a development and training plan that will help progress their professional skills and highlight opportunities for promotion.

Walter Thain, Senior Vice President, Petrofac Offshore Projects & Operations said: “We are delighted to have received such prestigious accreditation from the Association for Project Management. As a service provider we strive to deliver our projects to the highest standards, and this award highlights our commitment to improving our project delivery, and will enable us to provide a benchmarked and high quality service to our customers. It also demonstrates our commitment to developing our project professionals, making sure that they have the support and guidance to further their own skills, as well as gain internationally recognised qualifications.”

Already a Corporate Member, Petrofac rejuvenated its project management function with APM’s support to ensure a standardised level of professionalism was applied – leading to an accredited programme that will provide Petrofac’s project professionals with the skills to consistently deliver the highest standard of service to its customers.

Andrew Bragg, APM Chief Executive said: “The Association for Project Management is proud to award Corporate Accreditation to Petrofac Offshore Projects & Operations. Within APM’s professional community, every organisation has an important role to play in raising the bar of project professionalism, and Petrofac typifies good practice in supporting APM’s FIVE Dimensions of Professionalism.”