Acquisition

Petrofac Limited
02 May 2006

                                PETROFAC LIMITED
                                  ("Petrofac")

                        ACQUISITIONS BY PETROFAC TRAINING

Petrofac, the international oil & gas facilities service provider, announces
that its Training division, has acquired certain companies from the PPS Group
which provide operations & maintenance training on Sakhalin Island, Russia, and
process control & instrumentation services, in Singapore, Malaysia and 
Indonesia.

The aggregate consideration comprises an initial payment of US$1.6 million in
cash with further payments of up to US$2.25 million in cash depending on the
financial performance of the businesses acquired over the next three years.

                                      Ends

For further information, please contact:

Bell Pottinger Corporate & Financial             [phone]
Ben Woodford
Geoff Callow


Notes to Editors

The PPS Group was established in 1990 to provide specialised services primarily
in the area of commissioning, start-up, operations & maintenance and training to
the oil & gas and petrochemical industries, with offices in the UK, Nigeria,
Romania, China, Singapore, Malaysia and Indonesia. In 2003, it formed a Russian
joint venture company, PKT Technical Services Limited, to provide operations &
maintenance training to Sakhalin Energy Investment Company (SEIC), and then in
2005 launched a subsidiary, PKT Training Services Limited, to expand its
presence in this market. Running to December 2008, PKT's current contracts with
SEIC are for the provision of technical, operations and maintenance training
along with specific competency development, with a target to train over 200
technicians during this period.

In addition, the acquisition enhances Petrofac Training's capability in the
areas of mechanical, electrical and process engineering training, which can be
utilised worldwide.

As part of the transaction, Petrofac Training will also acquire PPS Group's
process control & instrumentation (PCI) companies based in Singapore, Malaysia
and Indonesia. The PCI companies currently provide design, engineering, system
developments and process skid fabrication, providing Petrofac Training with
additional engineering design in support of its training operations.

Approximately 40 staff will transfer from PPS Group to Petrofac Training.




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