Petrofac has announced that Al Mazrui International has completed its investment in Petrofac HoldCo Limited, the holding company of Petrofac Emirates, becoming a strategic investor alongside the company’s existing shareholder group.

The transaction strengthens Petrofac’s long-term ownership structure and signals continued confidence in its business strategy, capabilities and growth prospects.

Al Mazrui brings extensive regional expertise and a proven track record of investing in companies supporting the UAE’s industrial and energy sectors.

Petrofac said the investment will reinforce its ability to deliver complex engineering, procurement and construction (EPC) projects while maintaining its focus on operational excellence, safety and customer service.

The addition of Al Mazrui as a strategic shareholder also strengthens Petrofac’s commitment to supporting customers across the UAE and the wider region.

With the transaction now complete, Petrofac said it looks forward to working closely with Al Mazrui and its existing shareholders to drive the company’s next phase of growth. -OGN/TradeArabia News Service