Petrofac Emirates wins $500m contract

Petrofac Ltd (PFC.LN), an international service provider to the oil and gas production and processing industry, said Tuesday Petrofac Emirates, its joint venture with Mubadala Petroleum, has been awarded a US$500 million onshore engineering, procurement and construction contract by Abu Dhabi Company for Onshore Oil Operations for expansion of compression facilities at the Bab Field, 150km southwest of Abu Dhabi. Petrofac Emirates will undertake modifications to three of the existing compressor stations and install a new fourth facility. The scope of work also includes 27 well head facilities, associated gas pipelines, direct gathering and modifications to remote manifold stations. The project will be completed in a phased manner in 30 months when commissioning will start. From Gulf News