Petrofac secures USD $70M of new contracts in Iraq

Petrofac, whose US headquarters are located in Houston, Texas, has secured a series of contract awards worth more than US$70 million for engineering, operations and maintenance services in Iraq.

Petrofac’s Engineering and Production Services’ (EPS) East business secured the awards during the first quarter of 2017 with two major International Oil Companies and South Oil Company.

“There has recently been a considerable shift in the wider region’s market dynamics and consequently I believe these awards reflect our clients’ continued confidence in our ability to deliver cost-effectively and in line with their quality requirements,” said Mani Rajapathy, Managing Director, Engineering & Production Services East.

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