The company was founded in 1981 with its headquarters in London, United Kingdom, and its listing on the London Stock Exchange. Its initial establishment was as a manufacturer of a sectional plant in Tyler, Texas, United States, and later, it became an oilfield services provider to the gas and oil international industry.

Petrofac is structured into three working segments, namely; Engineering and Production Services (EPS), Engineering and Construction (E&C), and Integrated Energy Services (IES). Its operation centers are in Mumbai, Kuala, Saudi Arabia, Chennai, Aberdeen, Abu Dhabi, Woking, and Sharjah and also has twenty-four other offices countrywide.

The company designs, builds, operates, and maintains gas and oil facilities. It does this by providing the best solutions that unlock value, enhance integrity, and minimize risk. It also offers cost optimization, risk management, regulatory understanding, and corporate responsibilities. The serviceability extends to brownfield and Greenfield developments (both onshore and offshore) that also includes subsea and pipelines.

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