Iraq: EPC Petrofac Bags 370 Million Dollar Contract from Basra Oil Company
The project involves the expansion of the Central Processing Facility in the Majnoon Field and work is expected to be complete in a time frame of 34 months.
Iraq – Petrofac has recently been awarded a contract worth around 370 million dollars by Basra Oil Company (BOC) for expansion of the Central Processing Facility (CPF), located in the Majnoon Field, Southern Iraq.
Under the terms of the 34-month contract, the lump-sum engineering, procurement and construction (EPC) project’s scope of work includes two oil processing trains, able to process 200 kbopd. Petrofac was previously awarded a contract in 2011 and delivered engineering, procurement and construction management for the execution and completion of the existing CPF at Majnoon.