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KOC awards Petrofac $700m contract

: Saturday, July 12 - 2014 @ 00:15

Kuwait Oil Co (KOC) has awarded UK-based oil and gas services group Petrofac a $700m contract for a gathering centre located north of Kuwait City, Reuters has reported. The project, which includes engineering, procurement, construction, pre-commissioning and commissioning of GC29, is to be completed in three years. The gathering centre, Petrofac’s 10th project in that country, will be capable of producing about 100,000 barrels of oil per day, along with water and gas, said Petrofac.

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Saturday, July 12- 2014 @ 0:15 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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