Contract

Petrofac Limited 05 December 2005 PETROFAC LIMITED ("Petrofac") PETROFAC SECURES LONG-TERM CONTRACT WITH CNR INTERNATIONAL Petrofac, the international oil and gas facilities service provider, announces today that it has received a Letter of Intent from CNR International (UK) Limited under which it has been asked to provide Operations Support services for four fixed installations in the UK Continental Shelf comprising the Ninian and Murchison fields. Petrofac has provided services to these facilities since the mid 1990's. CNR acquired the assets from Kerr-McGee and became operator of the fixed installations in December 2002. The contract has an estimated annual value of £20 million and will commence in 2006 initially for five years with the intention of continuing for the life of the assets. Commenting on the contract, Ayman Asfari, Group Chief Executive, stated: "We are delighted to extend our relationship with CNR, who is a major player in Mature North Sea Asset operation. It demonstrates the confidence CNR has in Petrofac's abilities and further cements our position as the leading facilities management provider to companies operating in the North Sea." 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. 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, North 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
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