# CB&I completes acquisition of Petrofac Asset Solutions business

CB&I completed its acquisition of Petrofac's Asset Solutions business, which provides operations, maintenance, wells and decommissioning services for onshore and offshore energy assets, adding about 3,000 employees.

- Type: Acquisition
- Announced: 2026-10-04
- Status: completed
- Products: operations and maintenance services, wells and decommissioning services

## Companies

- [Petrofac](https://endata.com/companies/1999.md) (target)
- [CB&I](https://endata.com/companies/2527.md) (acquirer)

## Sources

- [euro-petrole.com](https://www.euro-petrole.com/cbi-completes-acquisition-of-petrofac-asset-solutions-business-n-i-29942), 2026-10-04: "CB&I announced the completion of an asset sale agreement, previously announced on December 24, 2025, to acquire Petrofac's Asset Solutions business"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.