Petrofac Gets Pipeline Project With Kuwait Oil Co Worth $400M

29th Jul 2010 08:19

LONDON (Dow Jones)--Petrofac Ltd. (PFC.LN), the international oil and gas facilities service provider, said Thursday it has been awarded a KWD116.39 million ($400 million) contract by Kuwait Oil Company. MAIN FACTS: -The project, with an anticipated duration of 23.5 months, is for engineering, procurement and construction services for the installation of fuel gas and gas oil pipelines. -Petrofac shares at 0715 GMT unchanged at 1287 pence valuing the company at GBP4.46 billion. -By Ian Walker, Dow Jones Newswires; 44-20-7842-9296; [email protected] (END) Dow Jones Newswires July 29, 2010 03:19 ET (07:19 GMT)