Fluor wins Iraq West Qurna-1 deal

23 February 2011

US firm will carry out early works programme for 3 years

The US’ Fluor has been awarded a engineering, procurement, construction management (EPCM) contract for the early works programme at the West Qurna-1 field in southern Iraq for a consortium led by US oil major ExxonMobil.

The reimbursable continuing services agreement for oil field and related infrastructure development is expected to last three years, according to a 23 February company release.

Fluor did not disclose details on the detailed scope of the work or its value.

ExxonMobil and the UK-Dutch Shell Group signed a 20-year technical service agreement with Iraq’s Oil Ministry in January 2010. Current production at the 8.7-billion-barrel field is more than 270,000 barrels-a-day (b/d), and the partners plan to eventually boost output to 2.32 million b/d. The consortium will receive $1.90 for every barrel of oil it produces over an agreed minimum production level (MEED 5:11:09).

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications