Petrofac awarded major EPC contract
3/19/2018 11:13:13 AM
Petrofac Limited announced it has signed a binding letter of intent, for a contract worth around US$580 million with a GCC National Oil Company for the engineering, procurement and construction (EPC) of a major project.
Specific details in relation to the project remain confidential at this time and additional information will be announced in due course.
E S Sathyanarayanan, Group Managing Director, Engineering & Construction, commented: “Petrofac has a very strong record of project execution in the GCC. This latest contract award further cements our footprint in our core markets, and we look forward to delivering a safe and successful project.”
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