Petrofac secures an order of US$130 million from Oman’s PDO

UK based Oil & Gas firm, Petrofac announced in a statement that, a new contract has been signed with Petroleum Development Oman (PDO).

The new contract is an additional scope of work with Petrofac’s existing ongoing projects with PDO.

The combined value of the new awarded projects is approximately US$130 million.

The new contract award, under a 10-year Framework Agreement signed in 2017 with PDO, is an Engineering, Procurement and Construction Management (EPCM) services contract for the Mabrouk North East Development Project in Oman.

The full field development of Mabrouk North East field is planned to be executed in a phased approach.

Project scope of work involves, the development of 16 gas producing wells and export of the production to the Saih Rawl Central Processing Plant.

The project will be integrated with the Mabrouk North East Line Pipe Procurement Project, which was awarded to Petrofac in June 2019.

The duration of the project is 34 months.

The other scope of work awarded is to provide further services for PDO’s Yibal Khuff Project.

The contract scope of work includes detailed Engineering, Procurement, and support for Construction and Commissioning of nine additional wells to improve overall plant production, and laying of gas pipeline from Yibal “A” to the main processing facility.

The Yibal Khuff Project, originally awarded to Petrofac in June 2015, is already in an advanced phase of construction and pre-commissioning, and the delivery of additional wells is to be synchronised for overall readiness.

The duration of the project is 20 months.

“This latest project award under the long-term framework agreement with PDO for Mabrouk North East, and additional scope of work for the Yibal Khuff Project, both further underpin our significant track record and commitment to delivering value in Oman” said by Elie Lahoud, Group Managing Director, Engineering & Construction.

Read Also: Oman signed a deal of $75 million for the pipeline contract

In order to receive email notifications regarding our updates, please subscribe us.