Petrofac wins $70M in Iraq contracts

Petrofac has secured  several contracts in Iraq during the first quarter of the year. In a statement on Tuesday, the company said the contracts were worth more than $70 million and were for engineering, operations and maintenance services in Iraq.

Petrofac’s Engineering and Production Services’ (EPS) East business secured the awards during the first quarter of 2017 with two major International Oil Companies and South Oil Company, the UK-based firm said..

Petrofac has been providing services in Iraq since 2010 both onshore and offshore.

The company has been awarded new scopes from South Oil Company. This includes the installation of offtake facilities and a mooring system for an additional Single Point Mooring. This additional scope builds on the company’s six-year tenure as the provider of operations and maintenance for the offshore international crude oil export expansion production facility.