Petrofac Bags Over $350 Million Gas Compression Contract In Oman
Petrofac Limited (Petrofac), an oil and gas facilities service provider, has won a contract worth over $350 million for Kauther gas-field depletion-compression project. The contract was awarded on behalf of the Government of Oman by Petroleum Development Oman (PDO). Petrofac will carry out the engineering, procurement and construction (EPC) of the gas compression system and associated facilities at Kauther gas plant, besides undertaking the commissioning and six months of initial operations.
The project follows the successful completion of the Kauther gas plant in 2007, which Petrofac built on an EPC basis for PDO, including commissioning and operations. In early 2008, Petrofac was asked to carry out the front end engineering and design (FEED) for the gas depletion-compression project and then invited to submit a commercial proposal for the EPC on a negotiated basis.
PDO has been developing the Sultanate’s gas fields on behalf of the government since 1978.
Maroun Semaan, group chief operating officer of Petrofac, said that: “We are delighted to have successfully secured the Kauther gas depletion compression project. This award serves to further reinforce Petrofac’s commitment to the Omani market, gives us continuity of business in the Sultanate and again highlights Petrofac’s continued competitiveness in the Middle East.”
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