Petrofac wins share of $2.1bn contract
Company will work with Daelim at Orpic's refinery
Oil and gas services group Petrofac has secured a share of a $2.1bn contract in Oman,
The firm, which has major operations in Scotland, will work alongside South Korean partner Daelim to boost output at state-owned Orpic's refinery.
The three-year contract, from Oman Oil Refineries and Petroleum Industries Company (ORPIC), includes engineering, procurement, construction, start-up and commissioning services at the refinery in the Sohar Industrial Area, 230km northwest of Muscat.
When complete, it is anticipated that the revamped facility will increase current output by more than 70%.
Subramanian Sarma, managing director of Petrofac’s Onshore Engineering & Construction business, said: "Partnering with Daelim to deliver this project leverages our respective delivery capability for the refinery market, complementing our existing track record.
"We have also been executing projects in Oman since 1988, having a detailed appreciation for the operating environment. Oman Oil Refineries is a new customer for us and we look forward to strengthening our relationship as the project progresses."