News Post
Petrofac JV awarded $2-B refinery contract in Oman
(Reuters) — Oilfield services company Petrofac Ltd said its 50:50 JV with Samsung Engineering was awarded a $2 B contract from Duqm Refinery and Petrochemical Industries in Oman.
The 47-month project includes engineering, procurement, construction training and start-up operations for all utilities at Duqm, the Middle East-focused company said on Friday.
The refinery, which is part of Duqm Special Economic Zone, is being developed over 2,000 acres and is expected to have a capacity of 230,000 bpd of oil when completed.
Reporting by Sanjeeban Sarkar in Bengaluru; Editing by Arun Koyyur
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