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 Petrofac bags £290m contract in Iraq

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PostSubject: Petrofac bags £290m contract in Iraq   Mon Aug 13, 2018 11:30 am

Petrofac has been awarded a contract worth around £290 million by Basra Oil Company (BOC) for expansion of the central processing facility in the Majnoon Field, Southern Iraq.


Under the terms of the 34-month contract, the lump-sum engineering, procurement and construction (EPC)
The engineering, procurement and construction contract includes two oil processing trains, able to process 200,000 barrels of oil per day.


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.”

https://www.energyvoice.com/oilandgas/middle-east/179087/petrofac-bags-290m-contract-in-iraq/
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