Second Gazprom Award for Petrofac in Iraq

RNS Number : 4488M

Petrofac Limited

27 August 2013

 



Press Release

27 August 2013

PETROFAC LIMITED

Second Gazprom award for Petrofac in Iraq

Petrofac has been awarded a second contract by Gazprom Neft Badra B.V. on the Badra Oil Field, situated 160km southeast of Baghdad City in the Republic of Iraq. Worth US$95 million over three years, the contract was awarded to Petrofac's Offshore Projects & Operations (OPO) business to provide maintenance engineering, maintenance execution and support services.

The win builds on a previous contract to carry out the engineering, procurement and construction (EPC) work on the first phase of the field's processing facilities. OPO will now provide maintenance services including the provision of a computerised maintenance information management system and related processes and procedures, maintenance execution and associated support services in relation to the processing facilities, equipment and associated infrastructure.

Bill Dunnett, Managing Director, Petrofac OPO said: "Iraq is a key geography for us and this award reflects our ability to provide quality maintenance and engineering services on technically and logistically challenging projects in the region. We've been working in Iraq since 2010 and have steadily grown our footprint in the country. Today we're working on four major developments in Iraq and we opened our country headquarters in Rumaila, earlier this year. Following our work on the first phase of the project this award is also an excellent example of Petrofac's ability to provide a lifecycle service to our customers and I'm delighted to be continuing our working relationship with Gazprom."

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For further information contact:

Tulchan Communications Group Ltd                                  [phone]

Stephen Malthouse

Martin Robinson

[e-mail]

Notes to Editors

Petrofac

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

Petrofac designs and builds oil and gas facilities; operates, maintains and manages facilities and trains personnel; enhances production; and, where it can leverage its service capability, develops and co-invests in upstream and infrastructure projects. Petrofac's range of services meets its customers' needs across the full life cycle of oil and gas assets.

With more than 18,000 employees, Petrofac operates out of seven strategically located operational centres, in Aberdeen, Sharjah, Abu Dhabi, Woking, Chennai, Mumbai and Kuala Lumpur and has a further 24 offices worldwide.

For additional information, please refer to the Petrofac website at www.petrofac.com.

 

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