Re Contract

Petrofac Limited 06 January 2006 PETROFAC LIMITED ("Petrofac") PETROFAC SECURES CONSTRUCTION MANAGEMENT CONTRACT FOR KASHAGAN ONSHORE FACILITIES Petrofac, the international oil and gas facilities service provider, has been awarded a contract for the construction management of the onshore facilities of the first phase of the Kashagan development, located at 40 km north east of Atyrau, Kazakhstan. The contract scope includes the main works contract (oil, gas and sulphur processing units), power generation and utilities, tanks and offsite facilities, industrial buildings, initial civil works and pipe rack erection contracts. The client is Agip KC0 (acting on behalf of a consortium of international companies including Eni, KazMunayGaz, ExxonMobil Kazakhstan Inc., Shell, Total, ConocoPhillips and INPEX). Ayman Asfari, Petrofac's Group Chief Executive, commented: "We are proud of being awarded this prestigious contract for the construction management responsibilities of such a high profile project. Petrofac is already carrying out the engineering and procurement for the onshore oil, gas and sulphur process units." Ends For further information, please contact: Petrofac Limited +44 (0) 20 7471 3500 Ayman Asfari, Group Chief Executive Keith Roberts, Chief Financial Officer Robin Caiger, Head of Investor Relations Bell Pottinger Corporate & Financial +44 (0) 20 7861 3232 Ann-marie Wilkinson Geoff Callow Notes to Editors 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 (E&C), Operations Services (OS) 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. Petrofac operates out of four strategically placed international centres in Aberdeen, Scotland; Sharjah, UAE; Mumbai, India; and Woking, England, and has a further 13 offices worldwide, with approximately 5,500 employees. Petrofac's business is focused on the UK Continental Shelf (UKCS), the Middle East, Africa and the Former Soviet Union (FSU). Through both organic growth and strategic acquisition, Petrofac's engineering, procurement and construction activities have been complemented with development planning and early stage engineering services, facilities management and training services and co-investment. For additional information, please refer to the Petrofac website at www.petrofac.com. This information is provided by RNS The company news service from the London Stock Exchange FVMGVZM
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