Petrofac awarded its third US$ 75 mn PDO contract in Oman

Posted on 12th June 2019

Petrofac awarded its third US$ 75 mn PDO contract in Oman
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According to *Constructionweekonline news report, oil services company Petrofac, which was established in the UAE in 1991 with more than 4,000 employees at its Sharjah locations, has been awarded its third Petroleum Development Oman (PDO) contract, worth $75m, under a 10-year framework agreement for the Mabrouk North East Line Pipe Procurement project in the sultanate.

The contract is the latest to be awarded to Petrofac under a 2017 agreement signed to provide engineering, procurement, and construction management (EPCM), and support services for PDO’s major oil and gas projects.

UAE state news agency Wam reported that the project would span a 19-month period, and include line-pipe material management, including sourcing, technical and commercial evaluation, planning and control services with management, and coordination of interfaces with all parties involved.

Commenting on the contract, Petrofac's group managing director of engineering and construction in Oman, Iraq, and Saudi Arabia, Elie Lahoud, said: “The procurement and management activities for this project will be undertaken from Petrofac’s Muscat office, from where we provide first-class expertise in high-value order management.

"We continue to maximise the provision of local goods and services which evidences our ongoing commitment to delivering in-country value through each of the projects we undertake in the sultanate."

Petrofac has strong roots in the GCC, and in Abu Dhabi, the Petrofac Emirates subsidiary that the company has 75% stake in has major projects for the Adnoc Group at the offshore Satah Al Razboot and Upper Zalum fields in its portfolio, as well as an onshore contract for Emirates Global Aluminium's Al Taweelah Alumina project.

*News source: https://www.constructionweekonline.com/projects-tenders/255655-petrofac-wins-75m-pdo-contract-for-mabrouk-line-in-oman

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