Petrofac Limited
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Tareq F. Kawash
- Full Time Employees
- 8,600
- Sector
- Energy
- Industry
- Oil & Gas Equipment & Services
- Address
- 26 New Street Saint Helier Jersey JE2 3RA
- IPO Date
- Jun 25, 2008
- Website
- petrofac.com
- Similar Companies
- Business
- Petrofac Limited (POFCF) is a leading international service provider to the energy industry that designs, builds, operates and maintains onshore and offshore oil, gas, refining, petrochemicals and renewable energy infrastructure; offers engineering, procurement and construction (EPC) services for large-scale greenfield and brownfield projects including gas processing plants, clean fuels refineries and offshore wind substations; provides asset lifecycle management including operations and maintenance, well engineering, decommissioning, brownfield modifications, training and competence services; and delivers front-end engineering design (FEED), concept and feasibility studies predominantly on reimbursable or tailored commercial models. Founded in 1981 and headquartered in London, United Kingdom with registered offices in Jersey, the company employs over 7,600 people across more than 30 offices worldwide, with core markets in the Middle East and North Africa (MENA), UK North Sea, India, Southeast Asia, Africa and the United States; it focuses on national and international energy companies, leveraging high-value engineering centres in the UK, India and the Middle East alongside global procurement networks for in-country value delivery. In recent developments, Petrofac secured a gas processing expansion contract from ADNOC Gas in June 2025, extended contracts with Ithaca Energy and others in the UK North Sea in September 2025, achieved US$500 million in operations contracts by April 2025, reached an agreement in principle on restructuring with Samsung E&A and Saipem in September 2025, obtained High Court sanction for its financial restructuring plan in May 2025 amid ongoing balance sheet efforts through December 2025 including a stakeholder Lock-Up extension, and placed its holding company Petrofac International Ltd into administration in late 2025 while redeploying staff and maintaining operational delivery.
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Petrofac Secures New Contracts, Reports $500 Million in Awards
Petrofac ups fundraising target as restructuring rumbles on
Petrofac secures over 70% creditor support for restructuring plans
Petrofac has 'new beginning' after US$1bn financial restructuring
UK's Petrofac in binding agreement with creditors on financial restructuring
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Petrofac Plans to Undergo Financial Restructuring to Boost Liquidity
UK's Petrofac plummets as half-yearly losses surge
Petrofac extends forbearance agreement with some of its debtholders
Petrofac shares rally despite 'fragile financial state' warning
Petrofac shares to be suspended as results delayed