REG-Petrofac Limited Petrofac Limited: Petrofac secures new EPCC contract with Petronas

PetrofacAnnouncement

08/11/2021 07:05

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   Petrofac Limited ( PFC)
   Petrofac Limited: Petrofac secures new EPCC contract with Petronas

   08-Nov-2021 / 07:00 GMT/BST
   Dissemination of a Regulatory Announcement that contains inside
   information according to REGULATION (EU) No 596/2014 (MAR), transmitted by
   EQS Group.
   The issuer is solely responsible for the content of this announcement.

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                                 Press Release

    

    

   8 November 2021

    

    

                Petrofac secures new EPCC contract with Petronas

    

   Petrofac has been awarded with a new contract worth around MYR399  million
   (approx US$96 million)  by PETRONAS  Carigali Sdn. Bhd.,  a subsidiary  of
   PETRONAS,  the   Malaysian   National  Oil   Company.   The   Engineering,
   Procurement, Construction,  and Commissioning  (EPCC) scope  of work  will
   encompass the delivery of the new Bintulu Additional Gas Sales  Facilities
   2 (BAGSF-2) plant  located onshore  at Tanjung Kidurong,  Bintulu, in  the
   Malaysian state of Sarawak.

    

   The greenfield development includes  process and utilities unit,  effluent
   treatment unit, metering skid,  fire water tank,  pumps, flare system  and
   main substation  building. In  addition  to the  390 MMSCFD  capacity  new
   facility, the  project  will  also involve  brownfield  modifications  and
   tie-in within the existing PETRONAS Plant, also located in Bintulu.

    

   Petrofac Chief Operating Officer Nick Shorten said: "We have been  working
   closely with PETRONAS since 2004, using our broad services capability  and
   expertise to support the development of Malaysia's energy  infrastructure.
   The contract  will  be delivered  by  Petrofac Group's  local  subsidiary,
   Petrofac Engineering Services (Malaysia) Sdn Bhd, with engineering support
   from Petrofac-RNZ  and  local  supply chain  and  subcontractors,  further
   underpinning our commitment to local delivery."

    

   Malaysia is Petrofac's operational centre  in the Asia Pacific region.  It
   combines  the   company's  engineering,   operations,  well   engineering,
   subsurface, asset management,  decommissioning, and training  capabilities
   to support local and Asian markets.

    

   Ends.

    

    

    

    

    

    

    

   For further information contact:

    

    

   Petrofac Limited

   +44 (0) 207 811 4900

    

   Jonathan Yarr, Head of Investor Relations

    1 jonathan.yarr@petrofac.com

    

    

   Tulchan Communications Group

   +44 (0) 207 353 4200

   petrofac@tulchangroup.com

    

   Martin Robinson

    

    

    

   NOTES TO EDITORS

   Petrofac

    

   Petrofac is  a  leading  international  service  provider  to  the  energy
   industry, with a diverse  client portfolio including  many of the  world's
   leading energy companies.

    

   Petrofac designs,  builds,  manages  and  maintains  oil,  gas,  refining,
   petrochemicals and  renewable energy  infrastructure.  Our purpose  is  to
   enable our clients  to meet the  world's evolving energy  needs. Our  four
   values -  driven,  agile,  respectful and  open  -  are at  the  heart  of
   everything we do.

    

   Petrofac's core markets  are in the  Middle East and  North Africa  (MENA)
   region and the UK  North Sea, where  we have built  a long and  successful
   track record of safe, reliable and innovative execution, underpinned by  a
   cost effective and local delivery model with a strong focus on  in-country
   value. We operate in several  other significant markets, including  India,
   South East Asia  and the  United States.  We have  around 8,500  employees
   based across 31 offices globally.

    

   Petrofac is quoted on the London Stock Exchange (symbol: PFC).  

    

   For additional information, please refer to the Petrofac website at
    2 www.petrofac.com   

    

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   ISIN:           GB00B0H2K534
   Category Code:  CNT
   TIDM:           PFC
   LEI Code:       2138004624W8CKCSJ177
   OAM Categories: 3.1. Additional regulated information required to be
                   disclosed under the laws of a Member State
   Sequence No.:   126182
   EQS News ID:    1246805


    
   End of Announcement EQS News Service

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References

   Visible links
   1. mailto:jonathan.yarr@petrofac.com
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