Petrofac secures brownfield EPC contract with ADNOC
Petrofac, a leading provider of services to the global energy industry, has been awarded a lump-sum engineering, procurement and construction (EPC) contract with ADNOC in the United Arab Emirates.
Under the agreement, Petrofac’s Asset Solutions business will design and install facilities to optimise operations and reduce methane and greenhouse gas emissions at the Habshan Complex, located 150 km southwest of Abu Dhabi, the company said.
The award of the contract follows the September 2022 announcement that Petrofac will continue to support ADNOC’s operations at the Haliba oil field, with a two-year Field Maintenance Services contract extension, the UK-listed oilfield services operator said in a statement.
Present in the UAE since in 1991, with operational centres in Abu Dhabi and Sharjah, Petrofac has developed a large workforce to deliver both regional and international projects, while supporting In-Country Value and Emiratisation.
Last month, the company named a senior executive from McDermott as its new Group CEO to replace Sami Iskander, who the company said will be leaving the business at the end of March 2023.
Tareq Kawash, who was Senior Vice President of McDermott’s Onshore and Offshore Business Lines, will be appointed Group Chief Executive of Petrofac from 1 April 2023, Petrofac said. Kawash will also be appointed as an Executive Director to Petrofac’s Board of Directors at that time, the company said in a statement.
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