Britain's Top 100 Entrepreneurs 2014: No. 34= - Ayman Asfari, Petrofac

The oil services entrepreneur is worth £750m.

by Philip Beresford

Ayman Asfari runs oil services group Petrofac, a FTSE 100 company that manages oil rigs from Aberdeen, via the UAE, to India, as well as designing drilling and refinery equipment. The son of a diplomat, Syrian-born Asfari made his first fortune building roads for oil exploration outfits in Oman. By the age of 28 he had getting on for $3m in his pocket and decided to go it alone, buying into Petrofac – then a small US outfit devoid of global ambitions – with his partner, Maroun Samaan. Now based in London, he led the £742m floatation of Petrofac in 2005. The business is worth £3.5bn, with net profits of $650m on revenues of $6.3bn in 2013.

Age: 56
Activity: Oil services
Wealth: £750m
Latest turnover: £3.8bn
Five-year rise in turnover: 69%
No. of employees: 15948
Five-year rise in employment: 37%
Score:134

Sign in to continue

Sign in

Trouble signing in?

Reset password: Click here

Email: mtsupport@haymarket.com

Call: 020 8267 8121

Register

FREE

  • Up to 4 free articles a month
  • Free email bulletins

Register Now

Become a subscriber

From £66 a quarter

  • Full access to managementtoday.co.uk
  • Exclusive event discounts
  • Management Today's print magazine
  • Plus lots more, including our State of the Industry Report.

Choose a Package