Petrofac secures further India EPC award

RNS Number : 5316J

Petrofac Limited

03 April 2018

 

Press Release

3 April 2018

PETROFAC SECURES FURTHER INDIA EPC AWARD

Petrofac has received a letter of award from Vedanta Limited for its Raageshwari Deep Gas Field Development Project located in Barmer, Rajasthan, India.

The lump-sum engineering, procurement and construction (EPC) project, valued at approximately US$233 million, is for integrated gas surface facilities and includes pre-commissioning and commissioning. Under the terms of the 23-month contract, the scope of work includes well pads, flowlines and a new gas processing terminal.

Sunder Kalyanam, Group Managing Director for Petrofac's Engineering & Construction Growth business said: "This award is further confirmation of our organic growth ambitions in action. It is particularly pleasing that we continue to build our presence in-country following two other recent EPC contract awards. We are delighted to be supporting Vedanta Limited in the safe and efficient delivery of this important project and look forward to building a long and successful relationship together."

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For further information, contact:

Petrofac Limited      

[phone]

Jonathan Low, Head of Investor Relations

[e-mail]

Alison Flynn, Group Head of Communications

[e-mail] 

[phone]

Tulchan Communications Group

[phone]

[e-mail]

Martin Robinson

LEI 2138004624W8CKCSJ177

NOTES TO EDITORS

Petrofac

Petrofac is a leading international service provider to the oil and gas production and processing industry, with a diverse client portfolio including many of the world's leading integrated, independent and national oil and gas companies. Petrofac is quoted on the London Stock Exchange (symbol: PFC).

Petrofac designs and builds oil and gas facilities; operates, maintains and manages facilities and trains personnel; enhances production; and, where it can leverage its service capability, develops and co-invests in upstream and infrastructure projects. Petrofac's range of services meets its clients' needs across the full life cycle of oil and gas assets.

With around 12,500 employees, Petrofac operates out of seven strategically located operational centres, in Aberdeen, Sharjah, Abu Dhabi, Woking, Chennai, Mumbai and Kuala Lumpur and has a further 24 offices worldwide.

For additional information, please refer to the Petrofac website at www.petrofac.com.

 

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