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.
Petrofac has appointed a new Board of Directors following its acquisition by a consortium led by Mason Capital and Pearlstone, marking a new phase in the company’s strategic development, governance and long-term growth.
Petrofac announces the completion of the sale of Petrofac Emirates to a consortium of financial investors led by Mason Capital Management (Mason) and Pearlstone Alternative (UK).