Petrofac Partnership Awarded Abu Dhabi Integrated Gas Development Contract
Petrofac's 50% owned Joint Venture, Petrofac Emirates, in partnership with GS E&C, has received a letter of award from GASCO for a contract worth approximately US$2.1 billion with a value to Petrofac Emirates of around US$1 billion.
The 48-month lump-sum contract which is due to commence in August 2009 is for the construction of the fourth NGL train at the Ruwais complex in Abu Dhabi.
This is the first project to be awarded to Petrofac Emirates, the Joint Venture between Petrofac and Mubadala Petroleum Services LLC which was established in November 2008.
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