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BP awarded Petrofac the Operations and Maintenance contract at Rumaila oil field

June 29/2011

(Arabian Oil and Gas) -- Petrofac has announced that BP has awarded it and its joint venture partner, China Petroleum Engineering & Construction Corporation, an inspection, maintenance and repair contract worth USD 90 mln for the Rumaila oil field in Southern Iraq.

This is the second deal for Petrofac in Iraq this year. The firm bagged a USD 240 mlon contract from the Shell Petronas joint venture partnership for production facilities at the Majnoon oilfield.

Petrofacs Offshore Engineering & Operations business will lead the one-year contract, which is effective from 28 June 2011, and is worth USD 63 mln to the group. Work will commence following a short transition and the scope of the contract covers rotating machinery, degassing stations and cluster stations. The project is being undertaken in partnership with CPECC, a company which has well established operations and infrastructure in Iraq. As part of the agreement Petrofacs staff will be based at CPECCs accommodation facilities in Rumaila.

The Rumaila oil field, discovered by BP in 1953, is located in Southern Iraq, 32km from the countrys border with Kuwait.

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