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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
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
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