Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/news/petrofac-jv-wins-us229-million-contract-in-iraq.shtmlPetrofac JV wins US$229 million contract in Iraq
Petrofac has won a further inspection, maintenance and repair contract for the Rumaila
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Petrofac has won a further inspection, maintenance and repair contract for the Rumaila oil field in Southern Iraq with its joint venture partner, China Petroleum Engineering & Construction Corporation (CPECC). The US$229 million contract was awarded by BP Iraq NV (BP), via the Rumaila Operating Organisation (ROO), following a competitive tender.
The three-year contract, which is worth more than US$160 million to Petrofac, will be led by its Offshore Projects & Operations (OPO) business. The contract covers the inspection, maintenance and repair of degassing stations, rotating machinery and cluster pumping stations and came into effect on 1 November 2012.
