Tuesday 16 July 2019

Petrofac wins major Iraq EPC contract

BAGHDAD, August 15, 2018

Petrofac, a leading global provider of oilfield services, has been awarded a $370-million contract by Basra Oil Company (BOC) for expansion of the Central Processing Facility (CPF), located in the Majnoon Field, Southern Iraq.

Under the terms of the 34-month contract, the lump-sum engineering, procurement and construction (EPC) project scope of work includes two oil processing trains, able to process 200 kbopd (thousand barrels of oil per day), said a statement from Petrofac.

The company was previously awarded a contract in 2011 and delivered engineering, procurement and construction management for the execution and completion of the existing CPF at Majnoon, it stated.

Elie Lahoud, the group managing director (Engineering & Construction) for Iraq, Oman and Saudi Arabia, said: "Petrofac has developed a significant track record in Iraq with enhanced local delivery, successfully providing services both onshore and offshore since 2010."

"This important contract win demonstrates Petrofac’s long-lasting client relationships and our ongoing commitment to extending our operations in this key market that complements our broad service capabilities, international experience and expertise," he added.-TradeArabia News Service

Tags: Iraq | Petrofac | EPC contract |

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