British oil company Petrofac gets a contract worth $ 80 million in Iraq
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
British oil company Petrofac gets a contract worth $ 80 million in Iraq
by claud39 Tue Mar 23, 2021 10:05 am
British oil company Petrofac gets a contract worth $ 80 million in Iraq
3/22/2021
"The facility, which Petrofac will continue to manage, is one of the largest facilities in the Gulf and deals with about 55% of Iraq's crude oil exports," the company’s website reported in a press release reviewed by Al-Iqtisad News.
For his part, Senior Vice President, Middle East Operations, Steve Weber, said, “This contract strengthens our long-term partnership with clients. Since our engagement began in 2012, we have supported this facility to export more than 4 billion barrels of oil. Our teams in Iraq have an impeccable safety record and use of innovative solutions at the core of our delivery model. We look forward to supporting our customers to maintain best-in-class operation of these important Iraqi national assets. ”
It is noteworthy that Petrofac has been providing its services in Iraq since 2010, as it participates in a group of green projects and infrastructure in the country with a value of more than one billion US dollars, while in 2012 it was awarded a project to expand the export of Iraqi crude oil at the Al-Faw terminal in southern Iraq.
3/22/2021
Economy News _ Baghdad
The British oil company Petrofac announced that it had secured a contract worth 80 million dollars with the Basra Oil Company for a period of one year.
"The facility, which Petrofac will continue to manage, is one of the largest facilities in the Gulf and deals with about 55% of Iraq's crude oil exports," the company’s website reported in a press release reviewed by Al-Iqtisad News.
For his part, Senior Vice President, Middle East Operations, Steve Weber, said, “This contract strengthens our long-term partnership with clients. Since our engagement began in 2012, we have supported this facility to export more than 4 billion barrels of oil. Our teams in Iraq have an impeccable safety record and use of innovative solutions at the core of our delivery model. We look forward to supporting our customers to maintain best-in-class operation of these important Iraqi national assets. ”
It is noteworthy that Petrofac has been providing its services in Iraq since 2010, as it participates in a group of green projects and infrastructure in the country with a value of more than one billion US dollars, while in 2012 it was awarded a project to expand the export of Iraqi crude oil at the Al-Faw terminal in southern Iraq.
claud39- VIP NewsHound
- Posts : 18367
Join date : 2018-11-04 
Similar topics» Petrofac wins $ 100 million oil contract in Iraq
» SNC-Lavalin Group Inc’s new Iraq contract estimated to be worth $500 million
» Electricity: Our equipment will be 20,000 MW in the summer
» Iraq signed a final contract with Japan on two loans worth $ 735 million
» Deputy critical of the contract with a British company to hold 200 billion dinars to provide protection to the Basra Gas Company
» SNC-Lavalin Group Inc’s new Iraq contract estimated to be worth $500 million
» Electricity: Our equipment will be 20,000 MW in the summer
» Iraq signed a final contract with Japan on two loans worth $ 735 million
» Deputy critical of the contract with a British company to hold 200 billion dinars to provide protection to the Basra Gas Company
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
» Al-Kadhimi: Iraq is a leading country in the Middle East in terms of economic development
» CBI sells +210$ million in forex on Thursday
» Economist to / Nina /: Failure to approve the budget for the current year will cause the non-implementation of any investment projects
» morning news
» The World Bank announces its readiness to support Iraq by expanding the use of clean energy
» Increasing the capital of the Central Bank to 5 trillion dinars
» Iraq's U.S. Treasury Bond holdings jump to 26+ billion dollars
» Can We Do Without The Commentary!
» Cabinet Approves Loan Agreement for Water Supply and Sanitation Project in Baghdad
» Wiley Morgan of Gen64 on Skype Chat Friday Night ~ Updated 6/10
» Mahmoud Dagher explains the economic feasibility of removing zeros from the local currency
» Al-Rasheed Bank announces the removal of its name from the list of international sanctions of the Charter of the United Nations
» The United States allocated 140$ million to support Iraq
» USD/IQD exchange rates climb in Baghdad
» NOPEC Law
» Turkish lira weakens to 15.16 against dollar
» Here's my guess
» Tony and Twitter
» Hamza Al-Jawahiri to / NINA /: The survival of quotas and consensus will not achieve any sustainable development for the national economy / expanded
» The appearance of Muhammad Salih to / Nina /: This is how the surplus oil revenues are disposed of
» USD closes slightly higher in Baghdad on Sunday
» The Central Bank of Iraq 75 years in the face of economic challenges
» (Budget Reserve) may see the light next Wednesday
» Al-Kazemi's advisor puts forward a proposal to double growth rates
» VOTE -- Who Is The Worst Dinarland INTEL Provider Today?
» “Dedicated to Service” on Instagram
» Rehabilitation of the Church of the Virgin Mary in the province of Basra within the Tamkeen project for community initiatives
» 95% of Iraqi revenues still come from oil
» CBI foreign currency sales hike in April
» Where does the excess oil price differentials go?
» Introducing myself...
» Amer Al-Jawahiri to / Nina /: Improving economic activities in the local market is more stable than deleting confusing zeros
» Iraq's oil generates more than 10 billion dollars in one month
» USD/IQD exchange rates inched up in Baghdad
» Becky McGee/Oootah - "Wanted: Attorney and/or Lawyer!" 3/10/19
» Exchange rate game in Iraq: how speculators grossed millions of dollars in 48 hours scheme
» Holly: "Remember we are not in the know of all that goes on behind the scenes" (More Guessing Games...Just What Everybody Needs! LOL) 7/13/21
» RV INTEL BY TEXAS SNAKE, BOB LOCK AND ED OCALA (Three Blind Mice? LOL) 12/8/21
» Technical Adviser to the Prime Minister: The positive effects of changing the exchange rate will be felt more after 3 years