Petrofac secured $40 million project in UAE

Oil & Gas firm, Petrofac announced in a statement that, a project has been awarded by Sharjah National Oil Corporation (SNOC), United Arab Emirates to its services division.

As part of the project, Petrofac will be responsible for engineering, procurement, construction and commissioning services.

The value of signed contract is around $40 million.

The project has been awarded to Petrofac’s Engineering & Production Services division (EPS).

“We are delighted to be awarded this contract by Sharjah National Oil Corporation, a longstanding Petrofac client that we have worked with successfully for many years. The award is important strategically as EPS looks to develop its track record in smaller greenfield and brownfield EPC projects. It also leverages Petrofac’s best-in-class expertise and experience in upstream gas and represents another win in one of our core markets of Sharjah and the UAE. We look forward to delivering a safe and successful project for SNOC.” Mani Rajapathy, Managing Director, EPS East said.

Petrofac recently secured an order of US$1.65 billion for the Dalma Gas Development Project. (read more)

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