AWARD

Petrofac Limited
25 June 2007


                                PETROFAC LIMITED

                      AWARD OF KARACHAGANAK PHASE III FEED

Petrofac, the international oil & gas facilities service provider, has received
a letter of award from Karachaganak Petroleum Operating BV (KPO) for a Front-End
Engineering and Design (FEED) study for Phase III of the development of the
Karachaganak Processing Complex (KPC) in Kazakhstan. This award by KPO follows
completion of a FEED study for the KPC fourth stabilisation and sweetening train
and subsequent award of the detailed engineering, procurement, construction
management and commissioning support for the train.

The Phase III FEED, which is scheduled for completion around mid-2008, will be
executed on a reimbursable basis from Petrofac's offices in Woking, drawing upon
resources from across Petrofac's Engineering & Construction division, and
involving up to 400 engineering staff. Petrofac will be working alongside KPO,
its partners and with NIPI Caspian Engineering and Research (CER), an affiliate
of the Kazakh Institute of Oil and Gas, based in Aksai and Aktau in Kazakhstan.
Petrofac and CER will use a jointly developed engineering capability to increase
long-term Kazakh development and Kazakh content.

Commenting on the award, Maroun Semaan, Chief Executive of Engineering &
Construction division, said: "We are delighted to have secured this major award;
it represents a significant step forward for Petrofac in terms of the provision
of engineering services and further reinforces our position in and commitment to
the substantial capital investment programmes that are underway and being
planned in Kazakhstan and the Caspian region."


                                      Ends

For further information, contact:

Petrofac Limited                                         [phone]
Ayman Asfari, Group Chief Executive
Keith Roberts, Chief Financial Officer
Jonathan Low, Head of Investor Relations

Bell Pottinger Corporate & Financial                     [phone]
Ann-marie Wilkinson
Olly Scott


Notes to Editors

Karachaganak

Karachaganak Petroleum Operating B.V. (KPO) is a joint venture between BG Group
(32.5%), Eni (32.5%), Chevron (20%) and LUKOIL (15%). BG Group and Eni are the
joint operators. KPO's operations are regulated through a 40-year Final
Production Sharing Agreement (FPSA) signed by the Kazakhstan Government and the
partners in November 1997.

KPO oversees the expansion and development of the Karachaganak field - one of
the world's largest oil and gas condensate fields - which is located in North
West Kazakhstan. The hydrocarbons in place in the field comprise over 1.2
billion tonnes (9 billion barrels) of oil and condensate and more than 1.35
trillion cubic metres (48 trillion cubic feet) of gas. The US$8 billion
Karachaganak Phase III expansion, which is expected onstream in 2012, could
expand stabilised oil export to over 16.5 million tonnes per annum and sour gas
handling to up to circa 16 billion cubic metres per annum. The Karachaganak
field is expected to be a multi-billion dollar, multi-phase development.

Development of the field is bringing significant income to both the national and
local economies. Between 10,000 and 12,000 jobs for Kazakh nationals are
expected to be created during construction, as well as up to 900 additional
permanent ones.

For additional information, please refer to the KPO website at www.kpo.kz.


Petrofac

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 world's 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 250 Index.

Through its three divisions, Engineering & Construction, Operations Services and
Energy Developments, Petrofac designs and builds oil & gas facilities; operates,
maintains or manages facilities and trains personnel; and, where return criteria
are met and service revenue synergies identified, co-invests with clients and
partners. Petrofac's range of services allows it to help meet its customers'
needs across the life cycle of oil & gas assets.

With more than 9,000 employees, Petrofac operates out of four strategically
located international centres, in Aberdeen, Sharjah, Woking and Mumbai and a
further 16 offices worldwide. The predominant focus of Petrofac's business is on
the UK Continental Shelf (UKCS), Africa, the Middle East, the Commonwealth of
Independent States (CIS) and the Asia Pacific region.

For additional information, please refer to the Petrofac website at

www.petrofac.com.


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            The company news service from the London Stock Exchange