2009 has been another excellent year for Petrofac. In a challenging year for our industry we have delivered another strong financial performance with growth in net profit for the group of over 33% on revenue up by 10% at US$3.655 billion.

Following substantial new contract awards in the year, our record order intake of US$7.3 billion doubled our backlog to US$8.1 billion giving us outstanding revenue visibility for the current year and beyond.