Petrofac Secures 10-year Framework Agreement with Petroleum Development Oman
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 is for 10 years, with an additional five-year option, builds upon a three-year program of EP+Cm support contract delivery Petrofac has undertaken on behalf of PDO. Future projects undertaken through the FA will be supported by Petrofac’s Muscat office for technical delivery and to ensure sustainable in-country value is generated.
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Petrofac is currently undertaking two projects, on behalf of PDO, through an EP+Cm delivery model. This includes the $1.2-billion award in March 2014 for the Rabab Harweel Integrated Project (RHIP) and the $0.9-billion award in June 2015 for the Yibal Khuff project.
Source: www.worldoil.com/