Petrofac wins $350m contract

Petrofac wins $350m contract Petrofac, the international oil and gas facilities service provider, has announcd that it has won a contract worth $350 million (Dh1.2 billion) for the Kauther gas-field depletion-compression project.

The contract has been placed on behalf of the Oman Government by Petroleum Development Oman (PDO), which has been developing the Sultanate's gas fields on behalf of the government since 1978.

The sources said that Petrofac will undertake the engineering, procurement and construction (EPC) of the gas compression system, and associated facilities at the Kauther gas plant, in addition to commissioning and six months of initial operations.

The project follows the completion of the Kauther gas plant in 2007, which Petrofac built on an EPC basis for PDO, including commissioning and operations.