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http://news1.equities.com/2012/08/18/393630.html

Petrofac confirms $100 million Basra O&M contract [TendersInfo (India)]

Al Bawaba Ltd.

Petrofac has won a $100 million operations and maintenance contract at the Iraq Crude Oil Expansion Project offshore Basra. In a statement today confirming the deal, Petrofac confirmed it had won the competitive tender, the first that the company has won directly from an Iraqi NOC. Awarded by Iraq s South Oil Company, the 12-month contract will commence following a three-month mobilisation period. Petrofac says there is also additional scope for the contract to be extended via two one-year contract extension options. Contractor name : PETROFAC

Contractor address : 76-78 Chertsey Road Woking, GU21 5BJ,

country :United Kingdom






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