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Petrofac Bags $135 Million Contract with Kazakhstan’s NCOC

Petrofac Bags $135 Million Contract with Kazakhstan’s NCOC

 

Petrofac’s Engineering & Production Services (EPS) division, in joint venture with Isker, a Kazakhstan company, has secured an engineering, procurement, construction, pre-commissioning and commissioning (EPCC) contract worth approximately $135 million on July 9 for new water treating facilities for North Caspian Operating Company (NCOC) in Atyrau, Kazakhstan.

The work scope for the 30-month project includes an inlet stream screening to remove debris, feed water tanks with oil skimmer and pumps, a clarifier system including flocculation, coagulation and oil skimmer, treated wastewater storage and pumps, sludge treatment and relative utilities.

The award of this project is in line with Petrofac EPS’s strategy to focus on and secure small greenfield and brownfield EPC projects, utilizing its capabilities, footprint and infrastructure.

NCOC acts as the operator of the North Caspian Project, the first major offshore oil and gas development in Kazakhstan. The company started oil production at the Kashagan field in 2016 and production has now reached 380,000 barrels per day.

“Our portfolio continues to expand with this award, which demonstrates continued progress in our stated EPS strategy to grow the business through relatively small EPC contracts. This is a further award for Petrofac in Kazakhstan following our project management services contract with KPO and represents another important milestone as we focus on continued growth in-country and delivering EPC projects whilst working with local companies,” Mani Rajapathy, managing director for Petrofac EPS East, said.

 

Published: 09-07-2020

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