Petrofac Names Inglis CEO of Energy Developments Business

Petrofac announced that Andy Inglis has joined the company as Chief Executive of its Energy Developments and Production Solutions businesses. Following a familiarization period, he will join the Board of Petrofac in March and will re-locate to London on a permanent basis in April.

Andy Inglis (51) was previously Chief Executive of BP's Exploration & Production business and served on the board of BP between 2007 and 2010.

Ayman Asfari, group chief executive, said, "I am delighted to welcome Andy to Petrofac. Andy is a proven business leader who has a strong technical background and 30 years of global industry experience, a number of which have been spent in Petrofac's core geographies in North Africa, the Middle East, the Caspian and Asia. He shares our vision as to how the provision of integrated services to resource holders can create significant growth for Petrofac. I look forward to working with Andy over the coming years to deliver on our ambitious strategy in this area and to create significant value for our customers and our shareholders."

Andy Inglis, chief executive of Energy Developments and Production Solutions, said, "I am excited to be joining Petrofac at this important stage in its development. Petrofac is leading a change in our industry and has identified a distinctive opportunity to provide a highly differentiated offering to resource holders. I look forward to being able to work with Ayman and the Petrofac team to fully capitalise on the significant opportunities we see in the market."