Petrofac Clinches $40M Deal in UAE

Thursday, February 20, 2020

UK oilfield services company Petrofac has won a $40 million engineering, procurement, construction and commissioning contract by Sharjah National Oil Corporation (SNOC), for a project in the United Arab Emirates.

Mani Rajapathy, Managing Director, Petrofac’s Engineering & Production Services East, said: "The award is important strategically as EPS looks to develop its track record in smaller greenfield and brownfield EPC projects."

Petrofac did not provide any further details on the project itself.

The oilfield services company has been present in the UAE since 1991. The Group employs around 3,000 people in the country.

This is the second contract award secured in the UAE by Petrofac this week. The company on Tuesday signed two contracts worth $1.65 billion with Abu Dhabi National Oil Company (ADNOC)  to deliver offshore platforms and gas processing facilities.

Categories: Engineering UAE

Related Stories

Floating Wind and the Taming of Subsea Spaghetti

Sunda Energy Pushes Back Chuditch-2 Appraisal Well Drilling Date

Eni Strengthens LNG Ties with Japan

PTTEP Sells Its Entire Stake in Deepwater Block Offshore Mexico to Repsol

Saipem Nets $4B for Work at Qatar’s Giant Gas Field

Oil Loadings at Russia's Western Ports on the Rise

DOF Subsea Grows Its APAC Backlog

The Mounting Offshore Oil & Gas Decommissioning Cost

A Hydrogen Balancing Act in Offshore Energy

Key China Energy Indicators to Track for the Rest of 2024

Current News

Velesto Completes Removal of Wrecked Naga 7 Jack-Up Rig Off Malaysia

BP Greenlights $7B CCUS Scheme Tied to Indonesia LNG Facility

Sapura Scoops Petrobras Contract for Pan-Malaysia Offshore Services

Velesto’s Drilling Rigs Up for Automatization Overhaul Under New Tech Alliance

US Firm Finds Chinese Partner to Deliver Mobile Offshore Drilling Units

TotalEnergies and Oil India to Jointly Tackle Methane Emissions Issues

Keppel Reclaiming Control of 13 Rigs to Cash In on Offshore Drilling Market's Growth

Global Offshore Wind Stumbles to the End of '24

Seatrium Delivers Fifth Jack-Up to Borr Drilling

Malaysia's FPSO Firm Bumi Armada Eyes Merger with MISC’s Offshore Unit

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com