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FINANCIAL NEWS
Leighton Offshore wins $733m contract in Iraq
24 Oct 2010
(MENAFN) Singapore-based Leighton Offshore said that it has signed an EPC contract worth $733 million with Iraq�s South Oil Company for a crude oil export facility project at Fao Terminal near Basra, Reuters reported.
The project will provide enhanced export facilities from the Fao Terminal and forms a major part of the South Oil Company�s strategic redevelopment program for Iraq, said a top official.
Leighton Offshore will use its vessels, Eclipse, Stealth and Mynx on the project. Eclipse, Stealth and Mynx are ideally suited for working on SPM projects, and provided Leighton a key edge in securing this work.
Leighton operates a very young fleet of state of the art vessels, all of which are fully compliant to latest Class and safety standards including International Special Purpose Shipping code, he added.
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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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