Offshore staff
LONDON -- South Oil Co. has awarded Petrofac a second contract extension to support the Iraq Crude Oil Expansion Project.
The 12-month extension, valued at around $106 million, comes into effect in December.
Petrofac is responsible for operations and maintenance services on a range of offshore facilities including an offshore platform, central metering and maintenance platform (CMMP), four single-point moorings (SPMs), subsea pipelines, and tanker operations. All are 60 km (37 mi) offshore the Al Fao Peninsula in southernIraq.
Mani Rajapathy, senior vice president of MENA/CIS, Petrofac Offshore Projects & Operations, says, “Over the past 24 months, we’ve loaded 280 tankers and exported 570 MMbbl. We have helped to drive consistent improvement in monthly exports, with exports for the last six months averaging in excess of 31 MMbbl.”
10/30/2014
