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FINANCIAL NEWS
Petrofac gets USD900m Oman oil contract
12 Jun 2015
(MENAFN) Petrofac Ltd got a USD900 million oil field contract from the state-run Petroleum Development Oman (PDO) to provide variegated services at a field south west of Muscat, Reuters reported.
Specifically, Petrofac will give its engineering and procurement services at PDO’s Yibal Khuff scheme under the four-year contract which is being currently implemented in its first phases.
The Sultanate budget spending has been hit hard by the all time changing oil prices, which in turn led to putting most of the country’s project on hold.
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02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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