Contract Win

Petrofac Limited
01 March 2006


                                PETROFAC LIMITED

                                  ("Petrofac")

          PETROFAC WINS CONTRACT IN KAZAKHSTAN WITH KARACHAGANAK AWARD

Petrofac, the international oil and gas facilities service provider, has secured
an engineering services contract for the Karachaganak 4th Stabilisation and
Sweetening Train Project.

The project is aimed at increasing the capacity of the existing Karachaganak
Processing Complex (KPC) facilities by the addition of a fourth train. The
contract covers front-end engineering and design, including tie-ins and early
works construction planning, with options to extend further for detailed
engineering, procurement, construction management and commissioning support.

Petrofac will work alongside Karachaganak Petroleum Operating B.V. (KPO) and its
partners in the multi-million dollar development. The project will draw on
expertise from throughout Petrofac's Engineering & Construction division.
Petrofac will work on the contract with NIPI Caspian Engineering and Research
(CER), an affiliate of the Kazakh Institute of Oil and Gas (KING), based in
Aksai and Aktau. Petrofac and CER will use a jointly developed local engineering
capability to increase long-term Kazakh development and Kazakh content.

Commenting on the award, Ayman Asfari, Petrofac Group Chief Executive, said,
"The West Kazakhstan and North Caspian regions are of strategic importance to
Petrofac. This award, together with the recently secured Kashagan Development
Project award for the oil, gas and sulphur removal plants, places Petrofac in a
strong position to participate in the substantial capital investment programmes
that are being planned on several world-class Kazakh oil and gas developments
over the next ten to fifteen years."

                                      Ends


For further information, please 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]
Ben Woodford
Geoff Callow



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%).

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 and holds over 1.2 billion tonnes of oil and condensate and more
than 1.35 trillion cubic metres of gas.

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.

Development of the field is bringing significant income to both the national and
local economies and the project is providing long-term jobs to many Kazakh
nationals.

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
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 7,000 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.







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