Daewoo wins engineering work to upgrade Iraq gas processing facility
Daewoo Engineering and Construction has been awarded an EPC contract to upgrade the Akkas gas field in western Iraq. The company expects its work to be completed within 46 months.
By HASSAN HAFIDH
SEOUL -- Daewoo Engineering and Construction
has won a contract
valued at $708.6 million to upgrade the Akkas gas field in
western Iraq, an Iraqi cabinet said.
Daewoo will provide engineering, procurement, construction
and commissioning of
a central processing facility in the field located in the
western Anbar province, the statement said.
of the new facility
would take some 46 and half months from start of work, the
statement said. Kogas is developing the Akkas field, which
holds an estimated 5.6 Tcf of gas, under a 2011 contract with
the Iraqi oil ministry.
Akkas is near the border with Syria.
Dow Jones Newswires