Page 11 - MEOG Week 22
P. 11
MEOG tenDers MEOG
Petrofac secures Iraq contract extension with BOC
Iraq
PETROFAC’S Engineering & Production Services division (EPS) has secured a further six-month contract extension with Basra Oil Company (BOC) for its long-standing Iraq Crude Oil Export Expansion Project (ICOEEP).
The confirmation of the contract extension is recognition of Petrofac’s successful seven-and-a- half-year track record of safe and efficient deliv- ery and ability to sustain and improve export levels as incumbent operations and maintenance service provider.
The facility, which is one of the largest export terminals in the Gulf and handles around 50% of Iraq’s crude oil exports, is located 37 miles (60 km) offshore the Al Fao Peninsula in Southern Iraq. It comprises a central metering and man- ifold platform and four Single Point Moorings which facilitate oil exports onto awaiting crude carrier tankers.
In addition, Petrofac is responsible for almost 300 km of subsea pipelines, 1800 metres of sub- sea and floating hose infrastructure and a marine spread comprising 14 vessels.
Mani Rajapathy, Managing Director, EPS East, said “We are delighted to be awarded this further contract extension in Iraq by our
longstanding client BOC. During this current challenging period for operations we have con- tinued to work well together, improving the daily export beyond two million barrels. We thank BOC for their consistent support and look for- ward to maintaining the best-in-class operation of this important national asset.”
Mr Ihsan Ismaael, Director General of BOC commented “Petrofac continues to be a true partner to BOC, ensuring uninterrupted and record exports. We appreciate their commit- ment, particularly during this recent period, and congratulatethemforhittingnewexporthighs.”
Petrofac, which has maintained a presence in Iraq since 2010, stated the ICOEEP includes a central metering and manifold platform and four single point moorings that facilitate oil export into crude carrier tankers.
The company added that it is responsible for nearly 186 miles (300 km) of subsea pipelines, 5,906 feet (1,800 meters) of subsea and float- ing hose infrastructure and a 14-vessel marine spread. It also pointed out that it employs approximately 400 people in Iraq and is working on projects for various national oil company and international oil company clients.
Week 22 03•May•2020 w w w . N E W S B A S E . c o m P11
