CB&I to Acquire Petrofac Asset Solutions: 3,000 Jobs, Aberdeen Hub, and a Q1 2026 Target Close
ABERDEEN, Scotland / THE WOODLANDS, Texas (Dec. 24, 2025) — CB&I has agreed to acquire Petrofac’s Asset Solutions business in a Christmas Eve deal that both companies say will secure the future of a major operations, maintenance, and decommissioning provider