London Stock Exchange-listed Petrofac posted a 33 per cent rise in its net income to $353.6 million for the year 2009. The oil and Gas Company's top-line grew 10 per cent during the period to $3.6 billion.

The company's earnings per share remained at 103.19 cents for the period. Petrofac described it as an "excellent year".

For 2010, Ayman Asfari, Chief Executive, Petrofac, said that investment in the oils and gas arena, by the company's vital customers in the key markets, would help it achieve a better growth not only in the current year but also in medium-term. Asfari's strong outlook stems from its year-end order backlog of $8.1 billion as compared to $4 billion at the end of 2008.

Higher order intake drove the company's books up in 2009. The company received orders worth $7.3 billion last year as compared to just $2.9 billion in the year-ago period. Majority of the Petrofac's orders, nearly $6.3 billion, came from the Middle-East region including Abu Dhabi, Oman and Saudi Arabia.

The FTSE 100 company raised its final dividend by 40 per cent resulting a full year dividend of 35.80 cents as compared to 25.40 cents a year-ago.