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Petrofac Wins $2.2 Billion EPC Contract for Algeria's Relaunched El Merk Oil and Gas Project
BANGALORE, INDIA--March 16, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--Petrofac International Limited (Sharjah, United Arab Emirates), a private oil and gas services firm, recently secured a $2.2 billion engineering, procurement and construction (EPC) contract to develop the central processing facility of the El Merk oil and gas processing unit in the Berkine Basin region of Algeria. The firm will execute the order over the next 44 months and expects the facility to commence commercial operations in 2012.
Companies featured: Anadarko Petroleum Corporation (NYSE:APC), Eni SpA (NYSE:E), ConocoPhillips (NYSE:COP), Talisman Energy Incorporated (TSX:TLM), SNC-Lavalin Group Incorporated (TSX:SNC), Saipem SpA (BIT:SPM), JGC Corporation (TYO:1963), Willbros Group Incorporated (NYSE:WG), Entrepose Contracting SA (EPA:ENTC), ABB Limited (NYSE:ABB), Orascom Construction Industries (CAI:OCIC)
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Industry Segment: Production
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