Petrofac bags $130m EPCM services contract from Oman's PDO

Petrofac bags $130m EPCM services contract from Oman's PDO
Petrofac will work on Mabrouk North East Line Pipe procurement projec [representational image].
Published: 2 January 2020 - 4 a.m.

London Stock Exchange-listed (LSE) oilfield services provider Petrofac has secured a $130m (OMR50.1m) engineering, procurement, construction, and management (EPCM) services contract from the Sultanate’s exploration and production firm, Petroleum Development Oman (PDO) for the Mabrouk North East Development Project.

The contract award falls under a 10-year framework agreement signed between the two companies in 2017, Petrofac said in a statement, adding that the project is planned to be carried out in phases.

UK-based firm’s scope of work for the 34-month period includes the development of 16 gas producing wells and production export to the Saih Rawl Central Processing Plant, with the project being integrated with the Mabrouk North East Line Pipe procurement project that was awarded to Petrofac in June 2019.

Petrofac will also provide further services for PDO’s Yibal Khuff project. As part of the project Petrofac will provide engineering, procurement, and support for construction and commissioning of nine additional wells to improve overall plant production, in addition to laying of gas pipeline from Yibal “A” to the main processing facility.

According to the London-headquartered firm Yibal Khuff project is currently at an advanced phase of construction and pre-commissioning, with the project having been awarded to the company in June 2015.

Speaking about the contract win, group managing director of engineering and construction at Petrofac, Elie Lahoud, referred to the company’s “significant track record” in Oman as the reason for the contract win, and additional scope of work for the Yibal Khuff project.

He added: “Our focus will remain on safe operations and maximising in-country value through the continued development of local workforce competence and strong supply chain partnerships.”

Click here to add your comment

Please add your comment below
Your email address will not be published