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Petrofac secures Iraqi work worth $160mn

Written by  AOG Staff Wednesday, 13 December 2017 06:57
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Petrofac’s engineering and production services (EPS) division has secured an award worth US$160 million from Basra Oil Company (BOC) for its Iraq Crude Oil Export Expansion Project (ICOEEP). 

The facility, which is responsible for a significant proportion of Iraq’s oil export, is located 60km offshore the Al Fao Peninsula in Southern Iraq.

It comprises a central metering and manifold platform and four Single Point Moorings which facilitate oil export onto awaiting crude carrier tankers. 

In addition, Petrofac is responsible for almost 300km of subsea pipelines, 1800m of subsea hose infrastructure and a marine spread comprising 14 vessels.

“Since the start of our involvement in 2012, we have exported more than 2.2 billion barrels of oil while retaining an impeccable safety record. We have also remained focused on adding value for our client through the deployment of innovative and differentiated solutions,” said Mani Rajapathy, managing director of EPS.

Image: Petrofac vessel

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