Deal includes work on crude export facility in Basra
Petrofac has won more than $70m worth of contracts in Iraq in the first quarter of 2017.
The UK firms engineering and production services subsidiary signed contracts with two international oil companies as well as Iraqs South Oil Company (SOC).
The agreement with the Basra headquartered state operator SOC includes installation of offtake facilities and mooring systems as part of a six-year deal to provide operations and maintenance for offshore international crude export expansion facility.
Over the coming months we will focus on effective deployment of our operations, engineering and projects activities across the contracts to enable our clients to unlock maximum value from their oil and gas assets, said Mani Rajapathy, managing director, engineering and production services east.
MEED reported Petrofacs award of a $75m Iraq crude oil expansion project for SOC in December.
The one-year agreement with an option for extension by another year will involve Petrofac continuing to facilitate oil exports 60km off the Al-Fao peninsula in southern Iraq.
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