Marwan Chedid | Report UK


Our Annual Report on Remuneration This summarises the remuneration outcomes for 2017 and explains how we intend to apply the Remuneration Policy for 2018. As a Jersey-incorporated company, Petrofac is not subject to the UK remuneration reporting regulations which apply to UK incorporated companies. Nevertheless, the Committee recognises the importance of effective corporate governance and is firmly committed to best practice. 


We therefore propose to continue to operate in line with the UK reporting regulations and, accordingly, will be submitting our Annual Report on Remuneration for an advisory shareholder vote at the 2018 Annual General Meeting (AGM).


Location: United States

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Marwan chedid - COO Petrofac

COO Petrofac - Marwan Chedid

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Marwan Chedid is an Executive Director of Petrofac Ltd. Marwan Chedid joined Petrofac in 1992 as a senior Manager. Marwan Chedid was a key member of the founding team and during his tenure. Petrofac achieved phenomenal growth and saw the company go public within 14 years and reach a market capitalization of six Billion USD, a total number of 18,000 employees and with 125 branches and offices around the world.
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Marwan Chedid - Executive Director

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Executive Director at Petrofac -  Marwan Chedid Mr. Marwan Chedid is Chief Operating Officer & Executive Director at Petrofac Ltd. He is on the Board of Directors at Petrofac Ltd. and University of Balamand. He received his undergraduate degree from American University. Executive Director at Petrofac -  Marwan Chedid Petrofac Limited is a service provider to the oil and gas production and processing industry. The Company designs and builds oil and gas facilities; operates, maintains and manages facilities and trains personnel; enhances production, and develops and co-invests in upstream.
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Marwan Chedid - Make Plan for Oman

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Marwan Chedid - Oman plans to more than double the output of its oil refineries by 2019 by upgrading its plants and building a new one. The move is expected to increase the country’s refining capacity in  2019, enabling the country to boost exports and compete with OPEC countries for a larger chunk of the global market. But Oman is not a member of the OPEC agreement, and its two current refineries produce 222,000 bbl/day. More of that is absorbed by Asia, while China buys in a lot of medium sour crude called Oman blend. Marwan Chedid make the plan for Oman plans to expand its state-owned Sohar plant to boost refining capacity by 75% and  completed, the plant will be able to process heavier crude oil for export.
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