Petrofac secures $265m EP+Cm contract from PDO

Petrofac has secured a $265m contract from Petroleum Development Oman (PDO) for the development of the third phase of the Marmul field (MPP3) in southern Oman.

The contract is the first to be secured under a ten-year framework agreement signed by Petrofac with PDO last year.

Under the framework, Petrofac agreed to provide engineering, procurement and construction management (EP+Cm) support services for PDO’s major oil and gas projects.

The company was previously awarded contracts to deliver EP+Cm support services for the Rabab Harweel integrated project and Yibal Khuff project on behalf of PDO, and this latest contract continues the firms’ relationship.

Petrofac EPCm managing director Roberto Bertocco said: “This not only builds on our collective achievements and track record for EP+Cm support service delivery, but also paves the way for future success through the transfer of key people, skills and experience in our Muscat office.

“Our priorities are to mobilise our teams quickly and to ensure MPP3 is delivered with a focus on technical quality, on time and within budget.

“We have returned significant value to PDO through our previous project execution and we intend to take the same approach to delivery with MPP3.”

Petrofac will also provide EP+Cm support for the extension of off-plot and on-plot production facilities associated with around 500 producing and 75 injector wells.

The services under the contract will be delivered from Petrofac’s Muscat office.

Once the MPP3 project is completed, it is expected to expand PDO’s enhanced oil recovery programme for heavy crude.