Petrofac wins $115mn contract from PDO
Petrofac, the UK-based provider of oilfield services to international oil and gas industry, has been awarded a US$115mn contract for the development of the Qarn Alam Co-Generation Project by Petorleum Development Oman (PDO).
This is the latest in a series of awards for Petrofac in Oman and the second to be secured under a landmark ten-year framework agreement with PDO, signed in 2017 to provide engineering, procurement and construction management (EPCM) support services for PDO’s major oil and gas projects.
The 36-month project scope includes installation and commissioning support for a gas turbine generator package with one heat recovery steam generator at the power plant, which was built to support oil extraction in Oman’s central region, Petrofac said in a press release on its website.
Engineering, procurement and project management activities will be undertaken from Petrofac’s Muscat office.
Roberto Bertocco, managing director, EPCM for Petrofac said, “We are pleased to have secured this second project with PDO under the long-term framework agreement established last year. Petrofac has been working in Oman for more than 30 years. Local delivery remains key and we will continue to invest in Omani content to drive maximum in-country value. This is particularly important as we continue to grow our office in Muscat through the delivery of major projects in the sultanate.”