Petrofac Ltd.
PFC:LN
Latest Coverage
Overview
Company Profile
Oil and gas facilities services provider Petrofac was founded in 1981 in Texas and is now a leading international provider of infrastructure solutions to the oil & gas production and processing sector.
Classification
Financials
News & Media
Latest Coverage
Corporate
Board of Directors
Rijnhard van Tets
Chairman
Rijnhard joined the Board as a Non-executive Director in May 2007 and succeeded Norman Murray as Chairman in August 2014. Rijnhard is general partner of Laaken Asset Management NV. He advised the managing board of ABN AMRO between 2002 and 2007, having previously served as a managing board member for 12 years. At ABN AMRO, his roles included that of chairman of the wholesale clients and investment banking group. Rijnhard is non-executive chairman of Euronext Amsterdam NV and Euronext NV, and a non-executive director of BNP Paribas OBAM N.V.
Ayman Asfari
Chief Executive
Ayman joined the Group in 1991 to establish Petrofac International, of which he was CEO. He has more than 30 years’ experience in the oil and gas industry, having formerly worked as managing director of a major civil and mechanical construction business in Oman. Ayman is a member of the board of trustees of the American University of Beirut, founder and Chairman of the Asfari Foundation and member of the Senior Panel of Advisors of Chatham House. In September 2014, he was elected a Fellow of the Royal Academy of Engineering in recognition of his outstanding and continuing contribution to the field.
Marwan Chedid
Chief Executive, ECOM
Marwan joined Petrofac in 1992 when the business was first established in Sharjah, having previously worked for CCC, a major consolidated contractor company based in the Gulf and the Middle East, for eight years. In 2007, he was appointed chief operating officer of the Engineering & Construction International business, with day-to-day responsibility for the successful delivery of overall operations. In January 2009, he became managing director of Engineering & Construction Ventures before being appointed as chief executive, ECOM with effect from 1 January 2012. Marwan is a member of the board of trustees of the University of Balamand.
Tim Weller
chief financial officer
A Fellow of the Institute of Chartered Accountants in England and Wales with a degree in Engineering Science, he started his career with KPMG in London, eventually becoming a partner in KPMG’s Infrastructure Business Unit. Until May 2010, he was chief financial officer at United Utilities Group PLC and had previously held chief financial officer roles with RWE Thames Water Limited and Innogy Holdings PLC (now RWE npower Holdings PLC) from 2002 to 2006. Tim served as a non-executive director of BBC Worldwide until March 2013. Tim is a non-executive director of the Carbon Trust and G4S plc.
Thomas Thune Andersen
Senior Independent Director
Chairman of the Remuneration Committee and member of the Nominations and Audit Committees Senior Independent Director, Thomas spent 32 years at the A.P. Møller-Mærsk Group with an international career ending as CEO and president of Mærsk’s oil and gas company. He also served on Mærsk’s main board and its executive committee from 2005 to 2009, and was a non-executive director of SSE plc from August 2008 until July 2014. Since 2009, Thomas has a board portfolio in companies in the energy and critical infrastructure sectors. Thomas is Chairman of the Lloyd’s Register Group and Chairman of the Board of Trustees for the Lloyds Foundation. He is also Chairman of DONG Energy A/S, DeepOcean Group and Vice Chairman of VKR Holding.
Kathleen Hogenson
Non-executive Director
Member of the Nominations and Remuneration Committees Kathleen has 30 years’ experience in the oil and gas industry, with particular expertise in reservoir management and subsurface engineering. A Chemical Engineering graduate, Kathleen spent her early career as a petroleum and reservoir engineer, including posts in Ecuador and Indonesia, prior to holding a number of senior roles in exploration and production technology at California-based Unocal Corporation. She assumed her first CEO role in 2001 at Santos USA Corporation and was the President and CEO of her own US-based company Zone Energy LLC, until 31 March 2015. Kathleen currently sits on the advisory board for Samsung Oil & Gas USA Corporation, is a director on the Board of Parallel Petroleum LLC, and serves as a trustee of the Society of Exploration Geophysicists.
Rene Medori
Non-executive Director
Chairman of the Audit Committee and member of the Nominations Committee René is finance director of Anglo American plc, a position he has held since September 2005. He was group finance director of The BOC Group plc between June 2000 to May 2005, having held several finance appointments, including as finance director of BOC’s gases business in the Americas, from 1997. René is an executive director of Anglo American plc and non-executive director De Beers and Anglo Platinum Limited. He stepped down as a non-executive of SSE plc in June 2012. Print this PageShare in TwitterShare in LinkedinEmail to
Matthias Bichsel
Non-executive Director
Member of the Nominations, Audit and Remuneration Committees Matthias joined Royal Dutch Shell plc in 1980 after obtaining a diploma (MSc.) in Geology and a doctorate in Earth Sciences from the University of Basel, Switzerland. During his tenure at Shell, until leaving in 2014, he held a number of professional and managerial roles, including director of Petroleum Development in Oman; managing director of Deepwater Services in Houston, executive vice president of Global Exploration, and technical director of the Exploration and Production business. In 2009, he was appointed a member of Shell’s executive committee and director of Projects & Technology, one of Shell’s four businesses. He is a non-executive director of Sulzer AG and Canadian Utilities Limited. In 2015, became a member of the advisory board of Chrysalix Energy Venture Capital in Canada and a member of the Gerson Lehrman Group Council.