Creating lasting impact
Delivering energy solutions goes hand in hand with building sustainable futures for our communities. Our in-country value (ICV) strategy ensures that the impact of our work extends beyond project sites, supporting local economies, developing skilled workforces, strengthening supply chains, and enhancing community wellbeing.
ICV
What is ICV?
ICV refers to the economic and social benefits generated within a country through a company’s operations. For us, ICV is about implementing meaningful change that leaves a positive and lasting impact long after a project is complete.
Our ICV model in action
Four pillars drive our commitment to sustainable local development:
Empowering local talent
Our commitment to developing local talent is central to our strategy. By investing in training and creating long-term career opportunities, we’re equipping individuals with the skills they need to grow. Across the regions where we operate, our teams are strengthened by local expertise, reflecting the unique strengths of each community. Whether we’re training engineers in Algeria or partnering with educational institutions in the UAE, we believe that empowering local people benefits not just our projects but also the entire community.
Strengthening local supply chains
Robust, resilient supply chains form the backbone of every successful project. Our partnerships with local suppliers build their capacity and technical capabilities. We evaluate the capabilities of the local supply chain, support skills development, and promote technology and knowledge transfer to foster relationships that contribute to long-term regional development.
Nasma Telecommunications is a technology, IT and communications solutions provider and systems integrator. They started collaborating with Petrofac in 2015 when they worked on their first oil and gas project, diversifying and developing their capabilities. Ahmed Abou Draz, an IT engineer who worked on the project outlines how Petrofac’s knowledge sharing approach has made a difference to their business.
ETS Zouari DTS is a distributor of agricultural and handling equipment. They started working with Petrofac in 2021. Zouari Massinissa, CEO, explains how Petrofac has helped them to expand their operations, improve their HSE processes and build a long-term partnership.
Sourcing goods and services locally
By prioritising local suppliers, we reduce reliance on international supply lines, promote regional economic growth, and enhance the quality of our delivery. Our projects integrate global expertise with local resources, bringing an international perspective to local sourcing and enabling communities to share in the success of our projects. For example, in regions like Lithuania and the UAE, we source materials and services from within the community wherever possible. At the Orlen project in Lithuania, for instance, 85% of project materials were sourced locally, reducing environmental impact while supporting regional business growth.
Ducab is one of the largest manufacturing businesses in the Emirates. Petrofac’s 'global reach, local delivery' approach built a long-lasting relationship with Ducab. Hear how their partnership with Petrofac has helped them expand their operations.
Investing in community development
Beyond economic contributions, we invest in initiatives that make a positive difference in people’s lives. Our community engagement programmes are tailored to support our local operations, whether upgrading educational facilities, providing resources for environmental initiatives, or offering vocational training. These efforts create lasting value, contributing to the social fabric of the regions where we operate and helping communities thrive. Our partnerships with local schools and our engagement with environmental projects are just a few examples of our commitment to making a positive impact.
Local communities matter to Petrofac
By creating jobs, nurturing talent, supporting local industries, and investing in communities, we’re contributing to a more sustainable and resilient future. ICV is more than an obligation, it’s our promise to the communities where we operate. We aim to be a force for good in the communities we serve and, in doing so, create value for all our stakeholders.