Petrofac

Petrofac is an oilfield services company that provides infrastructure development and engineering solutions for the energy sector. Read more

Sami Iskander's photo - CEO of Petrofac

CEO

Sami Iskander

CEO Approval Rating

75/100

Founded:

1981

Status:

PublicIndependent CompanyLondon Stock ExchangePFC

PETROFAC TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

Missing a competitor? Contribute!

Saipem is seen as one of Petrofac's top competitors. Saipem was founded in San Donato Milanese, Lombardy} in 1957. Saipem is in the Oil & Gas Drilling industry. Compared to Petrofac, Saipem generates $4.4B more revenue.

Amec Foster Wheeler is Petrofac's #2 competitor. Amec Foster Wheeler was founded in 1982, and its headquarters is in London, England. Amec Foster Wheeler competes in the Oil & Gas Equipment & Services industry. Amec Foster Wheeler has 45,900 more employees than Petrofac.

Fluor is Petrofac's #3 rival. Fluor is headquartered in Irving, Texas, and was founded in 1912. Fluor operates in the Diversified construction industry. Fluor generates 355% the revenue of Petrofac.

Weigh-in!

Help the Owler community know more

Competitor - 1/1

Is TechnipFMC a competitor of Petrofac?

Petrofac Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$4.1B

Petrofac's revenue is the ranked 10th among it's top 10 competitors. The top 10 competitors average 6.5B. Over the last three quarters, Petrofac's revenue has decreased by 0%. Specifically, in Q4 2020's revenue was $4.1B; in Q3 2020, it was $4.1B; in Q2 2020, it was $4.1B.

Petrofac Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
W&W Energy Services

Nov 2019

Source »
$22M
W&W is a provider of well maintenance, facility construction, production tank hauling, fabrication and environmental services to oil producers.
Oilennium Limited

Nov 2012

Source »
undisclosed
-
KW Ltd.

Feb 2012

Source »
undisclosed
-
PTS BV

May 2011

Source »
undisclosed
-
SGC Metering

Apr 2010

Source »
$5.3M
-

These are all the companies that Petrofac has acquired. Petrofac has acquired 9 companies and its latest acquisition was W&W Energy Services in Nov 2019. W&W is a provider of well maintenance, facility construction, production tank hauling, fabrication and environmental services to oil producers.

Petrofac Funding History

Since Petrofac was founded in 1981, it has participated in 1 round of funding. In total Petrofac has raised $300.0M. Petrofac's funding round was on Aug 2018 for a total of $300.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Aug 2018
$300M
-

Since Petrofac was founded in 1981, it has participated in 1 round of funding. In total Petrofac has raised $300.0M. Petrofac's funding round was on Aug 2018 for a total of $300.0M

Petrofac Investments

No recent investments found related to Petrofac

These are all the companies that Petrofac has invested in. Petrofac has invested 9 companies and its latest investment was W&W Energy Services in Nov 2019. W&W is a provider of well maintenance, facility construction, production tank hauling, fabrication and environmental services to oil producers.

Petrofac News

May 27, 2021MarketScreener

Introduction of sweet hydrocarbons at Oman Yibal Khuff Project

(marketscreener.com) Our team delivering the massive Yibal Khuff Project for Petroleum Development Om... See more »
May 24, 2021Offshore Wind

Petrofac Sends Off Hollandse Kust Zuid Beta Jacket

Petrofac has completed the load out and sail away of the jacket foundation for [...]... See more »
May 24, 2021Gulf Oil and Gas

Petrofac to Support Direct Air Capture Project

Storegga, through its wholly owned subsidiary Pale Blue Dot Energy, is pleased to announce it has bee... See more »
May 21, 2021Rigzone

Petrofac Chief Exec Sees Pay Cut in 2020

Petrofac's (LON: PFC) ex-chief executive Ayman Asfari saw a pay cut last year, the company's latest a... See more »
May 19, 2021FE Investegate

Publication of 2020 Annual Report and Notice of the 2021 AGM

9:00 AM: (PFC) Publication of 2020 Annual Report and Notice of the 2021 AGM... See more »
May 19, 2021MarketScreener

Publication of 2020 Annual Report and Notice of the 2021 AGM

(marketscreener.com) Petrofac Limited Petrofac Limited: Publication of 2020 Annual Report and Notice ... See more »
May 12, 2021Rigzone

New CFO at Petrofac

Petrofac Limited has announced that its chief financial officer, Alastair Cochran, has advised the bo... See more »

Petrofac Press Releases

July 28, 2017Dubai PR Network

Petrofac Strengthens Iraq Presence With Contracts Worth US$100 Million

Dubai, UAE. July 26, 2017: Petrofac has secured a contract extension and a new award with a combined ... See more »
June 8, 2017Business Wire

Khang & Khang LLP Announces an Investigation of Petrofac Limited and Encourages Investors with Losses to Contact the Firm

IRVINE, Calif.--(BUSINESS WIRE)--Khang & Khang LLP (the "Firm") announces that it is investigating cl... See more »
June 7, 2017TotalUAE

Petrofac partners with Oman's PDO on project provisions

Petrofac, a London-listed oil services firm with operations in Abu Dhabi and Sharjah, has increased i... See more »
June 2, 2017TotalUAE

Petrofac credit rating cut to high-risk amid probe of Monaco's Unaoil

Petrofac, a London-listed oil services group with operations in Abu Dhabi and Sharjah, has had its de... See more »
February 21, 2017TotalUAE

Activity in projects boosts Petrofac

Provider of oil and gas services has returned to profitPetrofac swung to a profit last year as projec... See more »
June 10, 2016Oil and Gas Press

Petrofac Awarded Three Year Contract in Angola

Petrofac has been awarded a three year contract to provide a condition monitoring programme for Bumi ... See more »

Petrofac Videos

Social Media

Petrofac Headquarters

44 Esplanade

St Helier, OtherJE4 9WG

44-20-7811-4900

Driving Directions »

Trending Companies

Petrofac Summary

ABOUT

Overview

Petrofac is an oilfield services company that provides infrastructure development and engineering solutions for the energy sector. Petrofac was founded in 1981. Petrofac's headquarters is located in St Helier, Other, JE JE4 9WG. It has raised 300.0M i...

CEO

Petrofac's CEO, Sami Iskander, currently has an approval rating of 75%. Petrofac's primary competitors are Saipem, Amec Foster Wheeler & Fluor.

Frequently Asked Questions about Petrofac

  1. When was Petrofac founded?

    Petrofac was founded in 1981
  2. Who is Petrofac's CEO?

    Petrofac's CEO is Sami Iskander
  3. How much revenue does Petrofac generate?

    Petrofac generates $4.1B in revenue
  4. How much funding does Petrofac have?

    Petrofac has historically raised $300M in funding
  1. Where is Petrofac's headquarters?

    Petrofac's headquarters is in St Helier Other, JE
  2. How many employees does Petrofac have?

    Petrofac has 11,500 employees
  3. What sector does Petrofac operate in?

    Petrofac is in Oil & Gas Equipment & Services
  4. Who are Petrofac's competitors?

    Petrofac's top competitors are Saipem, Amec Foster Wheeler, Fluor