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Contract Wins and Joint Ventures

Petrofac secures framework agreement with PDO

08 June 2017 07:17

Petrofac has secured a long-term Framework Agreement (FA) with Petroleum Development Oman (PDO) for the provision of Engineering, Procurement and Construction Management (EP+Cm) Support Services for major oil and gas projects.

The agreement, which was for 10 years with an additional five-year option, built upon a three-year programme of EP+Cm support contract delivery Petrofac has undertaken on behalf of PDO.

Future projects undertaken through the FA would be supported by Petrofac's Muscat office for technical delivery and to ensure sustainable in-country value was generated.

Story provided by StockMarketWire.com

Related Company: PFC

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