05 October 2022
Petrofac ranked third in Top 25 EPC companies list
Petrofac has taken third place in ‘Oil & Gas Middle East’ magazine’s Top 25 EPC companies list for 2022.
The magazine ranking took into account financial reports, current and completed projects, project backlog, sustainability initiatives, and the company’s overall impact and future potential in the Middle East.
The publication notes Petrofac’s increase in bidding activity and efforts to rebuild the backlog, focus on new energy projects, and significant growth potential in the region in 2023, as main reasons for the high ranking. The Company’s ambitious net zero and diversity targets are highlighted with the publication specifying there was a key focus on ‘company’s involvement in addressing climate change’.
Find the entire list in the Oil & Gas Middle East magazine here.