International oil and gas services provider Petrofac has signed a US$120m agreement with PETRONAS, the Malaysian National Oil Company, for the operation and management of two high-specification training facilities that Petrofac is building to support PETRONAS’ workforce capability enhancement programme.

Petrofac is currently constructing two “live” upstream plant training facilities, and a “live” downstream facility, which will supplement existing facilities at the Institut Teknologi Petroleum Petronas (INSTEP) training academy.

Under the latest phase of the agreement, Petrofac will undertake the ongoing management and operation of the two upstream facilities, which are capable of training 500 delegates each year, for the next five years with an option to extend for a further two years.

Tags: Petrofac, PETRONAS