Showing posts with label Petrofac honored US$780 million venture in Kuwait. Show all posts
Showing posts with label Petrofac honored US$780 million venture in Kuwait. Show all posts

Friday, July 10, 2015

Petrofac honored US$780 million venture in Kuwait

Petrofac honored US$780 million venture in Kuwait

Friday, Jul 10, 2015

Petrofac, the global oil and gas administrations supplier has gotten an honor notice for Kuwait Oil Organization's (KOC) complex gathering trunkline (MGT) framework in the north of Kuwait.

The knot total designing, acquisition and development (EPC) venture, esteemed at more or less US$780 million, is vital to KOC's arrangements to build and keep up unrefined generation throughout the following five years. Three new assembling focuses (GCs), which frame a piece of the more extensive undertaking, are as of now under development with Petrofac executing the EPC contract for GC 29.

Due for culmination towards the end of 2017, the MGT framework will give the feedstock to each of the GCs through three free systems of transitional manifolds and pipelines. Each of the three GCs will be fit for delivering around 100,000 barrels of oil for every day together with related water and gas.

Marwan Chedid, CEO of Petrofac's Designing, Development, Operations and Support division, said: "We have a long reputation in Kuwait which stretches out in the course of the most recent 15 years and the MGT honor speaks to our twelfth venture in the nation. Kuwait is, and will keep on being, one of our center markets and is of key significance to Petrofac's aspirations in the Center East. We anticipate working with KOC to convey this undertaking securely and on timetable."

For more data, please visit: www.petrofac.com

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