Petrofac in EPCM deal with PDO in Oman
ST HELIER, March 29, 2018 – Petroleum Development Oman (PDO) has awarded Petrofac a USD 265-million engineering, procurement and construction management (EPCM) contract for the Marmul Polymer Phase 3 (MPP3) project, the engineering major announced on Thursday.
The two companies signed a 10-year framework agreement last year, and this is the first award under the agreement, the company statement added.
“Our priorities are to mobilise our teams quickly and to ensure MPP3 is delivered with a focus on technical quality, on time and within budget,” said Roberto Bertocco, Petrofac’s managing director for EPCM. “We have returned significant value to PDO through our previous project execution and we intend to take the same approach to delivery with MPP3.”