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Petrofac awarded major EPC Middle East contract

Petrofac Limited is pleased to announce it has signed a binding letter of intent, for a contract worth around US$580 million with a GCC National Oil Company for the engineering, procurement and construction (EPC) of a major project. Specific details in relation to the project remain confidential at this time and additional information will be announced in due course.

E S Sathyanarayanan, Group Managing Director, Engineering & Construction, commented: “Petrofac has a very strong record of project execution in the GCC. This latest contract award further cements our footprint in our core markets, and we look forward to delivering a safe and successful project.”

About Petrofac

We are a leading service provider to the oil and gas production and processing industry.
We design, build, operate and maintain oil and gas facilities, which we deliver through a range of innovative commercial models which can be aligned to an individual client, project or asset. This enables us to respond to the distinct needs of each client and help them to enhance the value of their assets across the oil and gas life cycle.

Engineering expertise is at the heart of everything we do. Our teams provide a full suite of engineering services including conceptual and feasibility studies and front-end engineering and design (FEED) through to detailed design for both onshore and offshore facilities.

We are a diverse company, operating out of seven operational centres in Sharjah, Abu Dhabi, Chennai, Mumbai, Aberdeen, Woking and Kuala Lumpur, plus a further 24 offices and a number of training facilities worldwide.

Souce: www.petrofac.com

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