Petrofac wins Oman gas project

FTSE 250 oil and gas facility builder Petrofac has signed a contract worth about $600m with Salalah LPG SFZCO, a wholly-owned subsidiary of Oman Oil Facilities Development Company, to undertake the engineering, procurement and construction of its Salalah LPG extraction project in the southern part of Oman.

Under the terms of the 36-month contract, Petrofac's scope of work will include construction of the liquefied petroleum gas unit and associated facilities, including tie-ins to existing pipeline infrastructure, together with LPG storage and jetty facilities at the Port of Salalah.

Group chief operating officer Marwan Chedid said: “This contract is our eleventh in the Sultanate and reinforces our commitment to Oman where we have been present since 1988.

"This project will further support our commitment to increase in-country value. We will continue to maintain strong focus on this aspect of our delivery, particularly by engaging the local supply chain and recruiting local resources. We are very much looking forward to growing and strengthening our team working alongside OOFDC to deliver this project."