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.”