Petrofac announces today awards and contract extensions with a combined value of more than US$120 million, delivering against the Group’s strategy to position Engineering & Production Services (“EPS”) for growth by diversifying into new markets and geographies.
The awards and contract extensions consist of the following:
John Pearson, Chief Operating Officer, Engineering and Production Services, said:
Continued diversification into new markets, such as brownfield projects, and new geographies, such as Malaysia, are key tenets of our growth strategy. We’re also once again delighted that clients in the North Sea have exercised the option to extend our support for important Operations and Maintenance and Engineering Services contracts.
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