Petrofac Limited Petrofac awarded Basra Oil Company EPC contract (6447X)
13 August 2018 - 11:03PM
UK Regulatory
TIDMPFC
RNS Number : 6447X
Petrofac Limited
13 August 2018
Press Release
13 August 2018
Petrofac awarded Basra Oil Company EPC contract
Petrofac has been awarded a contract worth around US$370 million
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.
Petrofac 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.
Elie Lahoud, Group Managing Director, Engineering &
Construction - Iraq, Oman and Saudi Arabia, commented: "We have
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."
Ends
For further information, contact:
Petrofac Limited
+44 (0) 207 811 4900
Jonathan Low, Head of Investor Relations
jonathan.low@petrofac.com
Alison Flynn, Group Head of Communications
alison.flynn@petrofac.com
+44 (0) 207 811 4913
Tulchan Communications Group
+44 (0) 207 353 4200
petrofac@tulchangroup.com
Martin Robinson
LEI 2138004624W8CKCSJ177
NOTES TO EDITORS
Petrofac
Petrofac is a leading international service provider to the oil
and gas production and processing industry, with a diverse client
portfolio including many of the world's leading integrated,
independent and national oil and gas companies. Petrofac is quoted
on the London Stock Exchange (symbol: PFC).
Petrofac designs and builds oil and gas facilities; operates,
maintains and manages facilities and trains personnel; enhances
production; and, where it can leverage its service capability,
develops and co-invests in upstream and infrastructure projects.
Petrofac's range of services meets its clients' needs across the
full life cycle of oil and gas assets.
With around 12,500 employees, Petrofac operates out of seven
strategically located operational centres, in Aberdeen, Sharjah,
Abu Dhabi, Woking, Chennai, Mumbai and Kuala Lumpur and has a
further 24 offices worldwide.
For additional information, please refer to the Petrofac website
at www.petrofac.com.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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