Petrofac in $2.1bn Abu Dhabi contract
Oil & gas services provider Petrofac has been awarded a $2.1bn integrated gas development contract in Abu Dhabi.
Is 50%-owned joint enture, Petrofac Emirates, in partnership with GS E&C, has received a letter of award from GASCO for a contract with a value to Petrofac of around $1bn.
The 48-month lump-sum contract, which is due to start in August, is for the construction of the 4th NGL train at the Ruwais complex in Abu Dhabi.
This is the first project to be awarded to Petrofac Emirates, a JV with Mubadala Petroleum Services established in November last year.
Is 50%-owned joint enture, Petrofac Emirates, in partnership with GS E&C, has received a letter of award from GASCO for a contract with a value to Petrofac of around $1bn.
The 48-month lump-sum contract, which is due to start in August, is for the construction of the 4th NGL train at the Ruwais complex in Abu Dhabi.
This is the first project to be awarded to Petrofac Emirates, a JV with Mubadala Petroleum Services established in November last year.
Story provided by Business Financial Newswire
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