Petrofac has closed second contract with Gazprom Neft in Badra for $95 million

Petrofac has closed a second contract with Gazprom Neft for operations at the Iraqi deposit of Badra for $95 million. The division Petrofac Offshore Projects and Operations will provide within 3 years technical, service and repairs, under the new contract closed for $95 million.

In February 2012, Gazprom Neft selected Petrofac as the contractor for the construction of the point for oil collection and preparing in Badra. They closed EPC contract for $329 million presupposing the detailed design, engineering, equipment purchase, construction, starting and precommission and launching.

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