Re Contract

RNS Number : 3216J

Petrofac Limited

29 March 2010

 



Press Release

29 March 2010

PETROFAC LIMITED

PETROFAC WINS QATAR PETROLEUM CONTRACT WORTH MORE THAN US$600 MILLION

Petrofac, the international oil & gas facilities service provider, has been awarded a contract worth more than US$600 million for a gas sweetening facilities project in Qatar's Messaieed and Dukhan industrial districts by Qatar Petroleum (QP).

Petrofac will undertake the engineering, procurement, installation and commissioning of gas sweetening facilities in both locations which includes a sulphur recovery upgrade at NGL-3 in Messaieed and an acid gas recovery plant at Arab-D in Dukhan. 

Work on the projects is expected to commence shortly and is due for completion within 38 months.

Petrofac's group chief operating officer, Maroun Semaan commented: "Petrofac has a long history of working with QP and this award, alongside the engineering services contract that we recently secured, further underpins our continued relationship."  

He continued:  "We are delighted to be part of the continuing investment in oil & gas infrastructure by Governments in the region.  The award of this contract serves to further reinforce Petrofac's commitment to the Qatari market, and again highlights our continued competitiveness in the Middle East."

 

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For further information contact:

Tulchan Communications Group Ltd                                  [phone]

James Bradley

David Allchurch

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Notes to Editors

Petrofac

Petrofac is a leading international provider of facilities solutions to the oil & gas production and processing industry, with a diverse customer portfolio including many of the world's leading integrated, independent and national oil & gas companies. Petrofac is quoted on the London Stock Exchange (symbol: PFC) and is a constituent of the FTSE 100 Index.  

The group delivers services through seven business units: Engineering & Construction, Engineering & Construction Ventures, Engineering Services, Offshore Engineering & Operations, Training Services, Production Solutions and Energy Developments.

Through these businesses Petrofac designs and builds oil & 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 customers' needs across the full life cycle of oil & gas assets.

With more than 11,500 employees, Petrofac operates out of five strategically located operational centres, in Aberdeen, Sharjah, Woking, Chennai and Mumbai and a further 19 offices worldwide. The predominant focus of Petrofac's business is on the UK Continental Shelf (UKCS), the Middle East and Africa, the Commonwealth of Independent States (CIS) and the Asia Pacific region.

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

 

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