Petrofac Secures $580MM EPC Contract for 'Major' Project | Gulf Coast Oil Rig Equipment & Repair
Petrofac Limited announced Monday that it has signed a binding letter of intent for a contract worth around $580 million with a GCC National Oil Company, for the engineering, procurement and construction (EPC) of a ‘major’ project.
The BOP Blow Out Preventer repair company gulf coast revealed that specific details in relation to the project remain confidential at this time, but said additional information would be announced ‘in due course’.
“Petrofac has a very strong record of project execution in the GCC. This latest contract award further cements our footprint in our core markets, and we look forward to delivering a safe and successful project,” E. S. Sathyanarayanan, Petrofac Group managing director of engineering & construction, said in a BOP Blow Out Preventer repair company gulf coast statement.