Petrofac wins $1.3bn EPC contract in Kuwait
Mar 31, 2017 – Petrofac, a provider of oilfield services to the oil and gas industry, has been awarded a contract by Kuwait Oil Company (KOC) for a gathering centre project in the Burgan oil field, Kuwait.
The GC 32 project, which will be delivered on an EPC-basis, is valued at about $1.3bn. It represents the first sour gathering centre to be developed in the oil field.
The facility will process crude oil and associated gas recovered from the Arifjan, Marat, Minagish Oolite and Burgan Wara high Hydrogen Sulphide fields. It will have the capacity to produce around 120,000 barrels of oil per day along with associated water, gas and condensate.
The scope of the work will include greenfield activities with tie-in works to existing brownfield infrastructure.
Petrofac Group chief operating officer, Marwan Chedid, said: “Kuwait is one of our core markets in the Middle East and we have been executing projects in the country since the early 1980’s. We are proud to continue our association with KOC and look forward to working closely with them to deliver the project.”
Construction on the project is set to begin shortly and is scheduled to be complete in mid-2020.