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CB&I acquires Petrofac Asset Solutions to expand O&M services

by | Dec 26, 2025 | Offshore

CB&I is set to acquire Petrofac’s Asset Solutions business, adding offshore operations and decommissioning services to its portfolio and bringing 3,000 employees under its umbrella. The move strengthens CB&I’s footprint in international energy markets and diversifies revenue beyond EPC work.

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