Petrofac gets $400m Kuwait pipeline contract

29th Jul 2010 08:44

Oil services group Petrofac has won a $400m (£256m) contract with the Kuwait Oil Company (KOC) to build fuel gas and gas oil pipelines.The project will last 23.5 months and as well as the build, will include engineering, procurement and installation for the pipelines from Mina Al Ahmadi to the Azzour and Shuaiba power stations in Kuwait.London-listed Petrofac will also put up a fuel oil pumping station, metering systems, utilities systems and associated electrical, instrumentation and telecommunication works."The Kuwait market is strategically important to our business and I am delighted that we have been selected by KOC to undertake this project," said Maroun Semaan, Petrofac's group chief operating officer.