Petrofac awarded major EPC contract

Petrofac Limited is pleased to announce it has signed a binding letter of intent, for a contract worth around US$580 million with a GCC National Oil Company for the engineering, procurement and construction (EPC) of a major project.  Specific details in relation to the project remain confidential at this time and additional information will be announced in due course.

E S Sathyanarayanan, Group Managing Director, Engineering & Construction, commented: “Petrofac has a very strong record of project execution in the GCC. This latest contract award further cements our footprint in our core markets, and we look forward to delivering a safe and successful project.”