Last checked at 13 Aug 2014 15:43
Press Release
13 AUGUST 2014
PETROFAC COMPLETES PETROFIRST TRANSACTION
Petrofac Limited is pleased to announce the completion of the sale of 80 per cent of the share capital of Petrofac FPSO Holding Limited to PetroFirst Infrastructure Holdings Limited, a company wholly owned by First Reserve Energy Infrastructure Fund I. The transaction was announced by the parties on 26 June 2014.
Ends
For further information contact:
Petrofac Limited +44 (0) 207 811 4900
Jonathan Low, Head of Investor Relations
Jonathan Edwards, Investor Relations Officer
Alison Flynn, Head of Media Relations +44 (0) 207 811 4913
Tulchan Communications Group LLP +44 (0) 207 353 4200
Stephen Malthouse
Martin Robinson
petrofac@tulchangroup.com
Notes to Editors
Petrofac
Petrofac is a leading international service provider to the oil & gas production and processing industry, with a diverse customer portfolio including many of the world's leading integrated, independent and national oil & gas companies. Petrofac is quoted on the London Stock Exchange (symbol: PFC).
Petrofac designs and builds oil & gas facilities; operates, maintains and manages facilities and trains personnel; enhances production; and, where it can leverage its service capability, develops and co-invests in upstream and infrastructure projects. Petrofac's range of services meets its customers' needs across the full life cycle of oil & gas assets.
With more than 18,000 employees, Petrofac operates out of seven strategically located operational centres, in Aberdeen, Sharjah, Abu Dhabi, Woking, Chennai, Mumbai and Kuala Lumpur and has a further 24 offices worldwide.
For additional information, please refer to the Petrofac website at www.petrofac.com.