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Petrofac wins US$110mn contract in Iraq

Petrochemicals

Petrofac has secured a new award and a number of contract extensions, with a combined value of more than US$110mn, for construction management, engineering, commissioning and start-up services in Iraq

The company has been active in Iraq since 2010 and has developed a significant track record in delivering a range of onshore and offshore greenfield and brownfield projects, project management, engineering and consultancy, operations and maintenance and training services.

Mani Rajapathy, managing director at engineering and production services, commented, “The extension of our Iraq portfolio is part of our ongoing growth strategy. We continue to expand our service delivery in-country through the development of strong client relationships, whilst remaining competitive in a maturing market.”

“These contract extensions and additional contract award from major international oil companies further enhance our position, where our focus remains on operational excellence, the development of local resources, and safe project execution.”