Petrofac Limited Petrofac secures further India EPC award (5316J)
April 03 2018 - 2:01AM
UK Regulatory
TIDMPFC
RNS Number : 5316J
Petrofac Limited
03 April 2018
Press Release
3 April 2018
PETROFAC SECURES FURTHER INDIA EPC AWARD
Petrofac has received a letter of award from Vedanta Limited for
its Raageshwari Deep Gas Field Development Project located in
Barmer, Rajasthan, India.
The lump-sum engineering, procurement and construction (EPC)
project, valued at approximately US$233 million, is for integrated
gas surface facilities and includes pre-commissioning and
commissioning. Under the terms of the 23-month contract, the scope
of work includes well pads, flowlines and a new gas processing
terminal.
Sunder Kalyanam, Group Managing Director for Petrofac's
Engineering & Construction Growth business said: "This award is
further confirmation of our organic growth ambitions in action. It
is particularly pleasing that we continue to build our presence
in-country following two other recent EPC contract awards. We are
delighted to be supporting Vedanta Limited in the safe and
efficient delivery of this important project and look forward to
building a long and successful relationship together."
Ends
For further information, contact:
Petrofac Limited
+44 (0) 207 811 4900
Jonathan Low, Head of Investor Relations
jonathan.low@petrofac.com
Alison Flynn, Group Head of Communications
alison.flynn@petrofac.com
+44 (0) 207 811 4913
Tulchan Communications Group
+44 (0) 207 353 4200
petrofac@tulchangroup.com
Martin Robinson
LEI 2138004624W8CKCSJ177
NOTES TO EDITORS
Petrofac
Petrofac is a leading international service provider to the oil
and gas production and processing industry, with a diverse client
portfolio including many of the world's leading integrated,
independent and national oil and gas companies. Petrofac is quoted
on the London Stock Exchange (symbol: PFC).
Petrofac designs and builds oil and gas facilities; operates,
maintains and manages facilities and trains personnel; enhances
production; and, where it can leverage its service capability,
develops and co-invests in upstream and infrastructure projects.
Petrofac's range of services meets its clients' needs across the
full life cycle of oil and gas assets.
With around 12,500 employees, Petrofac operates out of seven
strategically located operational centres, in Aberdeen, Sharjah,
Abu Dhabi, Woking, Chennai, Mumbai and Kuala Lumpur and has a
further 24 offices worldwide.
For additional information, please refer to the Petrofac website
at www.petrofac.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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