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Petrofac Seal $50 Million Iraq Contract Extension

Four year renewal agreed for maintenance management services with an International oil company

Petrofac’s Engineering & Production Services (EPS) East business has secured a four-year renewal of a contract for maintenance management services with an international oil company (IOC) customer in Iraq, worth approximately $50 million.

Under the agreement, Petrofac will continue to provide specialist personnel to support maintenance services for existing mature assets as well as facilities to enhance new production.

Petrofac has been operating in Iraq from 2010, with success in developing a significant track record in delivering a variety of onshore and offshore greenfield and brownfield projects, project management, engineering and consultancy, operations and maintenance and training services.

Mani Rajapathy, Managing Director, EPS East, commented: “The renewal of this important contract further strengthens our position in Iraq and is testament to our teams’ performance and service delivery. We look forward to continuing our focus on safe and efficient delivery and the development of local resources in-country.”

Source: Petrofac

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