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FinancialNews


  • 28-07-17

    Petrofac obtains USD100mn new deals in Iraq

    (MENAFN) Petrofac, a pioneering provider of oilfield services has secured a deal extension and a new award with a joined value of more than USD100mn for construction management.

    Moreover, the awards show the extensive track record Petrofac has been amassing in the nation since 2010.

    Additionally, the announcement builds upon USD70mn of new awards in Iraq proclaimed in April, giving the group good visibility of future work in the nation.

    "As we move forward, our teams will remain focused on ensuring services are delivered in alignment with our clients' expectations to enable them to maximize value from their oil and gas assets," said managing director.

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