Petrofac is a leading FTSE 250 company, providing integrated services across the oil and gas asset life cycle in 29 countries worldwide. Ours is an exciting and dynamic business. New thinking is founded on established values that sit at the heart of everything we do. You can see them in action everywhere you look, from the innovative, high-quality and responsive services we offer to the way we keep our people safe. People are everything at Petrofac. We started life in 1981 with just 25 people on board and today we are a thriving global business with more than 20,000 employees, representing over 80 nationalities.
We design and build oil and gas facilities; operate, maintain and manage facilities; train personnel; enhance production; and, where we can leverage our service capability, develop and co-invest in upstream and infrastructure projects. It’s our aim to be the world’s most admired oilfield service company. We help customers develop their energy resources; bringing world class capability and delivering it locally. We promote commercial arrangements that are aligned to our customers’ needs, allowing us to deliver more value to the customer while increasing the returns from our most precious asset – our people. Petrofac really is a people business, and it’s something we’re proud of.

Jersey, JE
Size (employees)
13,852 (est)-27%
Petrofac was founded in 1981 and is headquartered in Jersey, JE

Petrofac Office Locations

Petrofac has offices in Jersey, Kuala Lumpur, Aberdeen, Abu Dhabi and in 10 other locations
Jersey, JE (HQ)
44 Esplanade
London, GB
117 Jermyn St
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Petrofac Data and Metrics

Petrofac Financial Metrics


Market capitalization (24-Jul-2017)

1.6 b

Closing share price (24-Jul-2017)

Petrofac's current market capitalization is £1.6 b.

Petrofac Market Value History

Petrofac Job Categories

Traffic Overview of Petrofac

Petrofac News and Updates

Petrofac auditors find "no evidence" to support bribery allegations

Petrofac said today that an independent investigation found no evidence that it was involved in a global scandal over bribery and corruption on the oil industry. The FTSE 250-listed firm called in lawyers and accountants after leaked documents suggested that Monaco-based Unaoil paid bribes on beh…

Petrofac pulls plug on contract with Malaysian state-owned oil firm

Petrofac shares rose today after the oilfield services provider scrapped a contract with Malaysia's state-owned oil firm. Petrofac's Malaysian subsidiary and its partners agreed with Petronas to stop developing the Beranti gas field, located about 150km offshore Peninsular Malaysia. The contract …

Oilfield services firm Petrofac's debt shoots up 50 per cent

Oilfield services firm Petrofac said it expects full-year profit to be in line with expectations despite its debt pile swelling 50 per cent. The FTSE 250 group said net debt is likely to increase to around $1.1bn (£750m) at 30 June, due to a final dividend payment and project spending. Neverthele…
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Petrofac Company Life and Culture

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