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  • Petrofac strengthens Iraq presence with contracts worth US$100 million
    édité le 26/07/2017 - Plus de news de "Petrofac" - Voir la fiche entreprise de "Petrofac"


Petrofac strengthens Iraq presence with contracts worth US$100 million
Petrofac has secured a contract extension and a new award with a combined value of more than US$100 million for construction management, engineering, commissioning and start-up services for two International Oil Companies (IOCs) in Iraq.

The awards reflect the extensive track record Petrofac has been amassing in the country since 2010. Today’s announcement builds upon US$70 million of new awards in Iraq announced in April, giving the Group good visibility of future work in the country and securing around 250 jobs.

Mani Rajapathy, Managing Director, Engineering & Production Services East, said: “We’re delighted the IOCs in Iraq continue to choose Petrofac to support their operations. Iraq is an important market for us and, as evidenced by the number of awards we’ve secured there this year, we’ve consistently proven our delivery and execution capability on behalf of our clients.

“As we move forward, our teams will remain focused on ensuring services are delivered in alignment with our clients’ expectations to enable them to maximise value from their oil and gas assets.”

About Petrofac

Petrofac is an international service provider to the oil and gas production and processing industry, with a diverse customer portfolio including many of the world’s leading integrated, independent and national oil and gas companies.

Petrofac designs, builds, operates and maintains oil and gas facilities, delivered through a range of innovative commercial models, enabling it to respond to the distinct needs of each client and helping them to transform the value of their assets across the oil and gas life cycle.

Petrofac’s service offering is underpinned by its ability to develop resource holders’ local capability through the provision of skills training with competency development and assurance frameworks. Around 20,000 employees operate out of seven strategically located operational centres, in Sharjah, Aberdeen, Abu Dhabi, Woking, Chennai, Mumbai, and Kuala Lumpur and a further 24 offices worldwide.

Petrofac is quoted on the London Stock Exchange (symbol: PFC).


Origine : Communiqué Petrofac

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