24th Jan 2014 08:08
LONDON (Alliance News) - Weir Group PLC Friday said it had won a USD98 million, or GBP59 million, two-year contract to provide general maintenance services on Lukoil's West Qurna-2 oilfield in southern Iraq.
The engineering company has invested over USD8 million in establishing a service centre in the town of Basra.
The processing plant at the West Qurna-2 oil field is expected to come on line in the first half of this year, at which point Weir's contract will start.
By Steve McGrath; [email protected]; @SteveMcGrath1
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