Petrofac Signs First Malaysian EPC Contract


US$120 Million Contracts Secured Globally

Oilfield specialist Petrofac has signed its first engineering, procurement, and construction contract in Malaysia, for development work at one of the country’s largest fertilizer plants.
 
The deal was signed in partnership with Serba Dinamik, and will involve work to upgrade a complex in the central region of Sarawak, owned by Asean Bintulu Fertiliser.
 
“The ABF plant located in the central region of Sarawak, which started commercial production in 1985, is a subsidiary of Petronas Chemicals Group,”  a spokesperson for Petrofac said.
 

Package Boiler

The scope of work for the project covers full engineering, procurement, construction and commissioning of an additional package boiler, with capacity of 165 tonnes per hour. Spanning 30-months in total the project will improve overall plant reliability and availability and meet total steam demands of 510 tonnes per hour.
 
“Continued diversification into new markets, such as brownfield projects, and new geographies, such as Malaysia, are key tenets of our growth strategy,” said John Pearson, chief operating officer, engineering and production services.

Headquartered in London, Petrofac has expanded its foothold in Oman in recent years as construction efforts have ramped up. The group is one of the largest EPC contractors for oilfield services worldwide with 31 offices and around 13,500 staff.


North Sea Contract

Building on the company’s expansionist strategy, Petrofac also recently announced the award of a three-year engineering, procurement, construction and commissioning framework agreement with a North Sea operator. The award brings the combined value of recent awards and contract extensions to more than US$120 million
 
“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,” Pearson added.
 
Project work will be undertaken through Petrofac’s Aberdeen office, which will be "actively growing" its engineering team and investing in brownfield management systems to support digitalization.
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