Re Contract

Petrofac Limited
27 November 2006


                                PETROFAC LIMITED
                                        
                                  ("PETROFAC")
                                        
                      PETROFAC WINS CONSECUTIVE GAS PLANT
                                CONTRACT IN EGYPT
                                        
Petrofac, the international oil & gas facilities service provider, has been
awarded an additional lump sum engineering, procurement and construction (EPC)
scope by Khalda Petroleum Company (KPC) to build its fourth gas processing train
at Salam area in Egypt's Western Desert. This second consecutive train, awarded
to Petrofac by KPC during November, increases the Khalda contract from US$200
million to a total of US$375 million. KPC is the joint venture company between
Apache Corporation and Egyptian General Petroleum Corporation (EGPC).

The project, scheduled for completion by the end of 2008, will also be utilising
the services and expertise of local construction and fabrication company
Petrojet. The project scope covers the execution of project management, detailed
design, procurement, construction, pre-commissioning, commissioning, start-up,
performance testing and initial operations. KPC will be adding this fourth gas
processing train to its existing and recently awarded similar gas facilities in
the Salam area, to process gas produced from its new discoveries.

Commenting on the award, Maroun Semaan, Chief Executive, Petrofac Engineering &
Construction said: "We are proud to receive this successive award from KPC which
further consolidates our position in the Egyptian market. This award is also
significant in reinforcing Petrofac's position in its core gas plant business
and we look forward to working with KPC towards successful project delivery."

                                      Ends

For further information, contact:

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


Bell Pottinger Corporate & Financial                 [phone]
Ann-marie Wilkinson
Geoff Callow


Notes to Editors

Khalda

Khalda's joint venture partner, Apache Corporation, is one of the largest
independent oil and gas exploration development companies. Egypt is a rapidly
growing segment of Apache's international portfolio with rising production and
reserves and an extensive exploration programme that resulted in the largest
discovery in Apache's history at Qasr in the Khalda Concession during 2005.


Project Technical Information

SGT3 and SGT4 will be two gas conditioning trains encompassing gas separation,
mercury removal, gas dehydration, TEG regeneration, gas dew-pointing, CO2
removal, gas export compression, condensate stabilisation, condensate storage
and export system, recycle gas compression, flare system, hot oil system, power
generation/distribution and all associated tie-ins with the existing plant.


Petrofac

Petrofac is a leading international provider of facilities solutions to the oil
and gas production and processing industry, with a diverse client portfolio
including many of the world's leading integrated, independent and national oil
and 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
Resources, Petrofac designs and builds oil and 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 clients' needs
across the life cycle of oil and gas assets.

With approximately 8,000 employees, Petrofac operates out of four strategically
located international centres, in Aberdeen, Sharjah, Woking and Mumbai and a
further 13 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 Far East.

For additional information, please refer to the Petrofac website at
www.petrofac.com.




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