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Download PDF - Petrofac

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4. <strong>Petrofac</strong>’s positioning<br />

Why Dubai Petroleum is important<br />

First time a government entity has chosen to exploit its hydrocarbon resources<br />

through direct contracting with an international service provider<br />

Dubai gets the capability it requires without relinquishing reserves or control of<br />

reserves<br />

Though the fields are mature, because they were initially quite large,<br />

considerable potential remains<br />

In contrast to most UKCS mature-field examples therefore, there are major<br />

developments planned alongside the rejuvenation of the mature operation itself<br />

For <strong>Petrofac</strong> - a reputation-making opportunity<br />

14

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