Petrofac Ltd. has been awarded a contract worth $265million for the development of the Marmul Polymer Phase 3 (MPP3) project in southern Oman, the company said on March 29.
This is the first award to be secured under a 10-year framework agreement with Petroleum Development Oman (PDO) signed in 2017, which enables Petrofac to provide engineering, procurement and construction management (EPCM) support services for PDO’s major oil and gas projects.
The award of the MPP3 project builds on Petrofac’s existing track record of EPCM support contract delivery for the Rabab Harweel Integrated project and Yibal Khuff project on behalf of PDO and further consolidates the effectiveness of its EPCM business unit in aligning to client needs through tailored delivery models. It is the latest in a series of awards for Petrofac in Oman, where the group has been operating for more than three decades, delivering projects and services on both a lump-sum and reimbursable basis.
The scope of MPP3 involves EPCM support for the extension of off-plot and on-plot production facilities associated with around 500 producing and 75 injector wells. In line with its commitment to further increasing in-country value, Petrofac will undertake the EPCM activities from its Muscat office, which will be expanded to support the needs of the MPP3 project.
“Our priorities are to mobilize our teams quickly and to ensure MPP3 is delivered with a focus on technical quality, on time and within budget. We have returned significant value to PDO through our previous project execution and we intend to take the same approach to delivery with MPP3,” Roberto Bertocco, Petrofac’s managing director of EPCM, said.
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