6th Jan 2006 13:12
Petrofac Limited06 January 2006 PETROFAC LIMITED ("Petrofac") PETROFAC SECURES CONSTRUCTION MANAGEMENT CONTRACT FOR KASHAGAN ONSHORE FACILITIES Petrofac, the international oil and gas facilities service provider, has beenawarded a contract for the construction management of the onshore facilities ofthe first phase of the Kashagan development, located at 40 km north east ofAtyrau, Kazakhstan. The contract scope includes the main works contract (oil, gas and sulphurprocessing units), power generation and utilities, tanks and offsite facilities,industrial buildings, initial civil works and pipe rack erection contracts. Theclient is Agip KC0 (acting on behalf of a consortium of international companiesincluding Eni, KazMunayGaz, ExxonMobil Kazakhstan Inc., Shell, Total,ConocoPhillips and INPEX). Ayman Asfari, Petrofac's Group Chief Executive, commented:"We are proud of being awarded this prestigious contract for the constructionmanagement responsibilities of such a high profile project. Petrofac is alreadycarrying out the engineering and procurement for the onshore oil, gas andsulphur process units." Ends For further information, please contact: Petrofac Limited +44 (0) 20 7471 3500Ayman Asfari, Group Chief ExecutiveKeith Roberts, Chief Financial OfficerRobin Caiger, Head of Investor Relations Bell Pottinger Corporate & Financial +44 (0) 20 7861 3232Ann-marie WilkinsonGeoff Callow Notes to Editors Petrofac is a leading international provider of facilities solutions to the oiland gas production and processing industry, with a diverse client portfolioincluding many of the world's leading integrated, independent and national oiland gas companies. Petrofac is quoted on the London Stock Exchange (symbol: PFC)and is a constituent of the FTSE 250 Index. Through its three divisions, Engineering & Construction (E&C), OperationsServices (OS) and Resources, Petrofac designs and builds oil and gas facilities;operates, maintains or manages facilities and trains personnel; and, wherereturn criteria are met and service revenue synergies identified, co-investswith clients and partners. Petrofac's range of services allows it to help meetits clients' needs across the life cycle of oil and gas assets. Petrofac operates out of four strategically placed international centres inAberdeen, Scotland; Sharjah, UAE; Mumbai, India; and Woking, England, and has afurther 13 offices worldwide, with approximately 5,500 employees. Petrofac's business is focused on the UK Continental Shelf (UKCS), the MiddleEast, Africa and the Former Soviet Union (FSU). Through both organic growth andstrategic acquisition, Petrofac's engineering, procurement and constructionactivities have been complemented with development planning and early stageengineering services, facilities management and training services andco-investment. For additional information, please refer to the Petrofac website atwww.petrofac.com. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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