Petrofac was awarded an Engineering, Procurement and Construction Management (EPCM) Support Services contract worth around $115 million for the development of the Qarn Alam Co-Generation Project in Oman, the company announced Monday.
This is the latest in a series of awards for Petrofac in Oman and the second to be secured under a landmark 10-year framework agreement with Petroleum Development Oman (PDO), signed in 2017 to provide EPCM support services for PDO's major oil and gas projects, according to a statement from the British oilfield services provider.
Located 350 kilometers southwest of Muscat, 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 that was built to support oil extraction in Oman's central region.
Engineering, Procurement and Project Management activities will be undertaken from Petrofac's Muscat office.
Roberto Bertocco, managing director of EPCM at Petrofac said the company had 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,' he added.
-Completion of sale of Chergui asset
In a separate statement on Monday, Petrofac announced that it completed the sale of its entire 45 percent share in the Chergui asset in Tunisia to Perenco International Limited, an independent oil and gas company operating in 13 countries across the globe, ranging from northern Europe to Africa and from Latin America to southeast Asia.
The agreement to sell the company's stake in the gas/condensate field was announced on June 28.
By Hale Turkes
Anadolu Agency
energy@aa.com.tr