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FINANCIAL NEWS
Petrofac inks USD100m new agreements in Iraq
27 Jul 2017
(MENAFN) Petrofac posted that it has agreed new has agreed new pacts worth over USD100 million for construction management, engineering, commissioning and start-up services for two international oil companies (IOCs) in Iraq.
According to the firm, the new awards reflect the extensive path record Petrofac has been presenting in Iraq since 2010.
Moreover, it stated the statement builds upon USD70 million of new awards in Iraq was released back in April, pushing the group to boost work in future in the country and securing near 250 jobs.
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MENAFN2707201700450000ID1095662629
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