Petrofac strengthens Iraq presence with contracts worth $100 million
LONDON -- Petrofac has secured a contract extension and a new award with a combined value of more than $100 million for construction management, engineering, commissioning and start-up services for two International Oil Companies (IOCs) in Iraq.
The awards reflect the extensive track record Petrofac has been amassing in the country since 2010. Today’s announcement builds upon $70 million of new awards in Iraq announced in April, giving the Group good visibility of future work in the country and securing around 250 jobs.
