Candidate Brief

Brief on Leadership Roles in Subsurface Technology Centre, India Petrofac Integrated Energy Services

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Candidate Brief, Subsurface Technology Centre, India, Petrofac Integrated Energy Services

The Company
Petrofac is a leading international provider of facilities solutions to the oil & gas production and processing industry, with a diverse customer portfolio including many of the worlds leading integrated, independent and National Oil & Gas Companies. Petrofac is quoted on the London Stock Exchange (symbol: PFC) and is a constituent of the FTSE 100 index. The Group delivers services through two divisions: Integrated Energy Services (IES), Engineering, Construction and Operations and Maintenance (ECOM). Through these divisions 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. Petrofacs range of services meets its customers needs across the full life cycle of oil & gas assets. With more than 15,000 employees, Petrofac operates out of six strategically located operational centres, in Aberdeen, Sharjah, Woking, Chennai, Mumbai and Abu Dhabi and a further 21 offices worldwide. The predominant focus of Petrofacs business is on the UK Continental Shelf (UKCS), the Middle East and Africa, the Commonwealth of Independent States (CIS) and the Asia Pacific region. For additional information, please refer to the Petrofac website at www.petrofac.com

Petrofacs Values
Safe Ethical Innovative Responsive Quality and cost conscious Driven to deliver

Trading Update
Results for the year ending 31st December 2011: Expect to deliver like-for-like net profit growth in 2011 of at least 20% On the basis of awards announced in 2011, backlog expected to be approximately US$10.6 billion at 31st December 2011 (31st December 2010: US$11.7 billion) Gross cash balances expected to be approximately US$1.3 billion at 31st December 2011 (31st December 2010: US$1.1 billion).

Ayman Asfari, Group Chief Executive, commented: We have a strong pipeline of new opportunities for Engineering, Construction, Operations and Maintenance (ECOM) and Integrated Energy Services (IES), which, combined with our existing projects, gives us confidence that we can achieve our target of more than doubling our recurring 2010 group earnings by 2015.

Petrofacs Organisation
Integrated Energy Services (IES). comprises three business units: Developments Production Solutions Led by Chief Executive, Andy Inglis, IES

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Candidate Brief, Subsurface Technology Centre, India, Petrofac Integrated Energy Services

Training Services (PTS)

Engineering, Construction, Operations & Maintenance (ECOM). Led by Chief Executive, Marwan Chedid, ECOM comprises three business units: Onshore Engineering & Construction (OEC) Offshore Projects & Operations (OPO) Engineering & Consulting Services (ECS)

Integrated Energy Services (IES)

IES has been created to help deliver the next stage of Petrofacs strategic development. Through this division they harness existing service capabilities and deliver them on an integrated basis to resource holders with the aim of supporting the development of their oil & gas resources, enhancing production from their mature reservoirs and helping them to build national capability. IES enables Petrofacs existing capability, from engineering and construction through to sub-surface management, to be harnessed and packaged for customers on an integrated basis, enabling the capture of more value from the delivery of services. IES creates a single business development approach for Developments, Production Solutions and Training Services in order to maximise opportunities and optimise resource deployment. IES enables Petrofac to generate long-term sustainable service income from the integrated offer. Although Developments and Production Solutions are more capital intensive than other parts of the group and have a history of making investments, Petrofac consider capital deployment as just one part of the service toolkit. IES underpins the service delivery to resource holders with the provision of technical skills training programmes and competency development and assurance frameworks through the Training Services business unit. Petrofac have made good progress with their IES strategy since its formation in Q3 2011, including the award of two Production Enhancement Contracts in Mexico (where they anticipate taking responsibility for field operations during 2012) and have reached an agreement to upgrade and deploy the FPF1 floating production facility on the Greater Stella Area and to take a 20% interest in the Stella and Harrier, Hurricane and Helios fields. On the Berantai project for PETRONAS in Malaysia, the jacket and topsides have been installed for the first wellhead platform and the drilling programme has commenced on schedule. The FPSO Berantai is expected to sailaway to location around the end of the first quarter of 2012. In Block PM304, offshore Peninsular Malaysia, the gas lift facilities on the Cendor field are expected to commence operation around the end of this year and Petrofac expect the Field Development Programme for the West Desaru fault block to be approved in early 2012. Year to date production at the Chergui gas plant in Tunisia is ahead of target following strong production levels during the second half of 2011. On the Ticieni Production Enhancement Contract in Romania, Petrofac are drilling the second water injection well as part of the water flood pilot and overall production is in line with expectations. In Nigeria, Petrofac continue to make good progress in their strategic relationship with Seven Energy.
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Candidate Brief, Subsurface Technology Centre, India, Petrofac Integrated Energy Services

Subsurface Technology Centre

To keep Petrofac IES current with available technology, Petrofac are establishing a Subsurface Technical Centre (STC) in India. The key focus is to build internal capability to support operations/execution across business units and build a centre of excellence for upstream technical skills. The Subsurface Technology Centre (STC) will be based in Gurgaon, Delhi. Petrofacs Engineering consulting business already has a presence in Gurgaon and the STC would be setup in the same facility. Although the STC will be co-located with Petrofacs existing engineering consultancy business but it is important to note that the two are separate entities in different divisions of Petrofacs global business. The STC will focus on high value subsurface technology advice, guidance and support to Petrofac IES. The STC in Delhi will provide support within Subsurface and Production Engineering interpretation, analysis, modelling, field development planning and development, production optimisation. Provide Technical Assurance and build capability in five key disciplines: Reservoir Engineering Geology and Geophysics Well Engineering and Construction Facilities Engineering and Asset Integrity Production Engineering

The immediate need is to fill four critical roles: Head of Operations - Overall responsibility for STC performance and delivery. Delivery Lead - Work creation and delivery to India and interface between Head of Operations, Asset leadership and PEC teams. - QA/QC on the work done. - Lead the PEC team of G&G, RE and Production Engineers team will be scaled up to approximately 35 skilled professionals.

Assurance Lead PEC Team Lead

The STC will bring the Subsurface technology skills and experience in-house for Petrofac and will compliment the existing STC in Woking, UK. The STC will provide pre-screen evaluation in the data intensive phase of Petrofac IESs pre-relationship contact with potential clients as well as asset support to live projects and operations. These initial positions will quickly develop the STCs capability and resources with plans to grow to 50 skilled professionals by the end of 2012, and up to 200 within 24 months. A major attraction of each position is the ability to define and scope their own teams within the STC. Each senior position will be responsible for resourcing and populating their relevant direct teams to ensure the provision of top quality service.

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Candidate Brief, Subsurface Technology Centre, India, Petrofac Integrated Energy Services

For all these roles, ideal candidates require a breadth of career experience which embraces a combination of subsurface disciplines and includes technical variety gained in multiple regions of the world. These positions are high profile and will be involved with many areas of Petrofacs global business. There are a variety of internal stakeholders including: Technical Director and IES Senior Management Team; Technical Centre Staff (Principle/Senior Engineers); Asset Managers and Subsurface Team Leaders; Specialist contractors; Clients. These are excellent entry level opportunities to join and shape the STC as Petrofac IES grow their Upstream business. Further details of each role are described in separate Candidate Briefs.

Remuneration
As you would expect from a market leader, there is an excellent rewards package on offer reflecting the importance to Petrofac. Base salary is enhanced by a management benefits package which includes healthcare, medical, insurances and is supplemented by a generous performancerelated short term bonus scheme and a stock-related long term incentive plan. Expatriate or local terms and conditions are available, dependant on Candidate status. Relocation assistance is available if required.

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