CB&I Completes Acquisition Of Energy Services Business From Petrofac
By Amit Chowdhry ● Apr 9, 2026
CB&I announced it has completed the acquisition of the Asset Solutions business from Petrofac, a provider of operations, maintenance, wells and decommissioning services for onshore and offshore energy assets. The transaction, previously announced in December 2025, brings approximately 3,000 employees into CB&I and expands the company’s capabilities in integrated energy services.