Petrofac Limited (POFCY)

0.5136 +0.0128 (+2.56%) As of 02:43PM EST. Market open.

Petrofac Limited

26 New Street
Saint Helier JE2 3RA
Jersey

https://www.petrofac.com

Sector(s): Energy
Industry: Oil & Gas Equipment & Services
Full-time employees: 8,219

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Sami M. A. Iskander	CEO & Director	1.79M	N/A	1965
Mr. Afonso Reis E. Sousa	CFO, Exec. Director, Group Treasurer & Head of Tax	660k	N/A	N/A
Mr. Jonathan T. Kennefick	Chief Technical Officer	N/A	N/A	1969
Mr. Allan Cockriel	Chief Information Officer	N/A	N/A	N/A
Jonathan Yarr	Head of Investor Relations	N/A	N/A	N/A
Mr. Matthew Barton	Group Gen. Counsel	N/A	N/A	N/A
Mr. Tarek Massoud	Chief Compliance Officer	N/A	N/A	N/A
Ms. Sophie Reid	Group Head of Communications	N/A	N/A	N/A
Mr. Des Thurlby	Group Director of HR	N/A	N/A	1965
Mr. Paolo Bigi	Regional Managing Director of Engineering & Construction	N/A	N/A	N/A

Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Petrofac Limited designs, builds, manages, and maintains infrastructure for the energy industries in the United Kingdom, Algeria, Thailand, Oman, Kuwait, Iraq, the United Arab Emirates, the Netherlands, and internationally. It operates through three segments: Engineering & Construction (E&C); Asset Solutions; and Integrated Energy Services (IES). The E&C segment provides onshore and offshore engineering, procurement, construction, installation, and commissioning services. The Asset Solutions segment offers concept, feasibility, and front-end engineering design services, as well as manages and maintains onshore and offshore operations. The IES segment provides an integrated services for clients under flexible commercial models that are aligned with their requirements. Petrofac Limited was founded in 1981 and is based in St Helier, Jersey.

Corporate governance

Petrofac Limited’s ISS governance QualityScore as of 1 February 2023 is 7. The pillar scores are Audit: 10; Board: 8; Shareholder rights: 1; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.