British company Petrofrac lands $70 million contract in Iraq

26 Apr 2017   Iraq

British energy company Petrofac said Tuesday it scored a multimillion-dollar contract in part to help Iraq expand port facilities for the Persian Gulf. “Over the coming months we will focus on effective deployment of our operations, engineering and projects’ activities across the contracts to enable our clients to unlock maximum value from their oil and gas assets,” Petrofac’s regional managing director, Mani Rajapathy, said in a statement . The British company in December secured a $75 million contract to help with the expansion of a crude oil export facility at a southern Iraqi port at Basra. The Iraqi government is developing the southern export expansion project with the goal of expanding exports capacity from offshore facilities by […]

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