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FINANCIAL NEWS
Iraq awards oil services contract to Valerus
18 Dec 2012
(MENAFN) Texas-based oil and gas services firm Valerus has won a contract to provide more than 45,000 bhp of compression and onsite supervisory services for processing facilities being developed in Iraq, PR Newswire reported.
Valerus, a worldwide leader in integrated oil and gas handling and processing, has installed large compression facilities throughout the Middle East, including Kuwait and Bahrain.
Last month, the company won a contract from Petrofac to provide compression services for two mature onshore fields in Mexico.
Valerus provides reciprocating compressor packages, production equipment, gas processing solutions, liquid separation systems and a variety of professional field services.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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