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In fact, far from being a sunset industry, Mr. Asfari estimated has several possibilities for the expansion of the oil and gas production in the world. When he recently met with British Prime Minister and the Chancellor, he said that more was needed to promote the industry and the future.

"We need a different image for the industry," said Mr. Asfari."We must stop so much talent goes, for example, in financial services or other occupations because they believe not that there is a long career in the oil and gas génie.Nous know that it is an industry for the future, that innovation and increased competence means that more resources in the world will be available."

Petrofac has revealed the truth about this argument since its flotation on the London Stock Exchange in 2005.Is now the 57th-plus large company FTSE 100, with an annual growth rate compound 25pc rate (CAGR) over the past five years and net profits CAGR 46pc.Depuis October 2005 its share price has increased 530pc, compared to the average of FTSE 100-7 1pc.In the month of August, he announced its interim dividend increased 29pc and its demerger from ￡ EnQuest billion in March gave a 35pc annualised return on investment.

Two weeks ago, Mr. Asfari was appointed UK entrepreneur of the year by the firm of Ernst and Young.La last week, the company has sealed a 500 million contract from ￡ with total for the construction of a plant of gas on the Shetland Islands.

Investors, advisors and bankers, join Mr. Asfari and his senior team on Syria trip last month, including the pivot and the group operating head Maroun Semaan, believe in the next five years could be just as cash - arrivals .Bien most would argue that growth since 2005 will be difficult to match the role of service companies as Petrofac will come more in the foreground.

It is a strategic shift in oil industry, Mr. Asfari believes, with national oil companies requiring see "local content" (i.e. local operators) as an essential element of these new contracts to exploit the resources and generating plants.

This makes international oil companies at a disadvantage and creates a space for oil companies to build an asset with local partnerships, maintain for a period and then "hand it back" to run as a stand-alone company national oil company.

Advantage of their model is revealed in the backlog of Petrofac - huge engineering contracts to be signed in Turkmenistan (a country North of the Iran has the fourth largest gas reserves in the world), contracts for billions of dollars in the whole of Europe, Middle East and North Africa, as well as India projects and emerging markets in the far East.

It has a significant presence in the North Sea and focuses on expansion in Nigeria, in Russia (around of the Caspian Sea) et.Ses training activities, which spans the globe, grows également.Tout it staff in Woking, Surrey.

Executive said the company could see "three or four" deals with 300 m $ 600 m $ for new projects signed year next .the ' total agreement is the first of the people.

"The United Kingdom currently remains 20pc revenue, and as expand us globally this figure will drop to probably 10pc, said Mr. Asfari, who also voted CEO management today of the year in January." But the technical excellence of the United Kingdom mean is always an essential part of our company .c ' is a centre of excellence at the international level. "London, he also said, is always a good place to do business.

Mr. Asfari, one of more deeply listening to the entrepreneurial sector account Petrofac success, said that a price of oil between 70 and $80 per barrel is likely to remain relatively stable and makes the most viable hardest resource exploration.

"Course, Macondo [BP oil in the Gulf of Mexico exploded in April, killing 11 people platform] reveals that oil industry operates on the borders of what technology will and shows the increasing complexity and difficulties in the growth of demand for the India .but enterprise, China, countries-OECD increase considerably .the ' OPEC has shown a high degree of discipline [keeping stable oil prices] and I am cautiously optimistic that it will remain at its current level."

Mr. Asfari also sees significant opportunities in Iraq, where a report last month said the proven oil reserves could total 143bn barrels by 25pc on previous estimates."Iraq will require evacuation capacity [pumping oil] 12 m barrels and at the present time, this capacity is 3 m barrels - this is a fantastic opportunity", he said.

This is where the Syria intervenes.Abdallah Dardari, Deputy Prime Minister, said that his country wished to be the hub for the distribution of oil and gas, between the Middle East, Turkey and Western particularly.

"We worked very hard to showing that the Syria is open to trade," he said."We have five years ago a fermée.Il economy State fixed the price of potatoes."We have become open, regulation was modified, we want to encourage the investir.Oui West, U.S. sanctions will have an effect on attitudes, but that should not be overestimated, as it should not be underestimated.?

Syria also seeks to increase its production of oil and gas, and Petrofac is beyond two contracts already live.

Society adopts an approach to partnership, liaison with local, training companies and benefits be shared at the national level as well as Petrofac.

"People can forget this engineering, but we are a company of people," said Mr. Asfari. ""In a sector where most of your competitors can make the engineering and procurement, which differentiates you? it is your people and your relationships and your ability to perform with projets.Vous need to give added value, you must be a good corporate citizen, you create partnerships, politically and with companies operating in the pays.Il is no longer sufficient for Houston boys arrive in cowboy hats and try to do everything themselves it is not right if I only brought everyone from Aberdeen to stronger in the countries themselves relationships travail.établissement means that you have a long-term, better relationship."

Petrofac has helped raise 4000 owners share employee (for a total of 12 500) who hold 40pc of capital.

There were headwinds - with engineering and training services division see revenues and net profits to 12pc due to the global economic crisis and especially autumn at Duba?.Mais confidence is still high and a presentation of the investor at the Four Seasons Hotel Damascus, M. Asfari finishes with a flourish.

"We are confident that we will send like-for-like net autour 20pc full-year earnings growth," said it .the ' oil and gas industry is very far away, Mr. Asfari insists on the fact the sunset.

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