PDO signs six-year EPC framework with Petrojet-ENPPI

Petroleum Development Oman (PDO) has signed a six-year engineering, procurement and operation (EPC) model statement with the Petrojet-ENPPI consortium.

The Omani lipid and state exploration and accumulation institution named the consortium among 1 of 4 planetary groups and contractors competing for projects successful a portfolio valued astatine much than $6bn (OR2.31bn).

The signing of the model statement took spot astatine PDO's office successful Muscat, Oman.

Petrojet–ENPPI volition beryllium capable to taxable tenders for aggregate aboriginal projects during the people of the agreement.

Alongside different determination and planetary consortia, Petrojet-ENPPI volition enactment wrong an situation that places Egyptian companies successful contention with immoderate of the largest contractors globally.

Based successful Egypt, ENPPI serves arsenic an EPC and task absorption contractor with decades of acquisition delivering some onshore and offshore developments crossed the lipid and gas, refining and petrochemical sectors.

Petrojet is simply a state-owned Egyptian joint-stock operation institution established successful 1975 arsenic portion of the Egyptian petroleum sector. It provides EPC services crossed the oil, gas, petrochemical, infrastructure and concern sectors successful Egypt, the Middle East and Africa.

As portion of the framework, the consortium outlined its volition to lend towards Oman's in-country worth targets.

Planned actions see cognition transfer, enactment for section engineering endowment and efforts to fortify nationalist proviso chains.

Furthermore, its information would assistance with sustainable economical maturation accordant with the goals acceptable retired successful the Oman Vision 2040 initiative.

In February this year, PDO awarded Lufkin Industries a multi-year declaration to proviso rod-driven progressive cavity pumping systems for the Marmul-Rahab-Thuleilat-Qaharir (Marmul and RTQ) fields successful confederate Oman.

Marmul is an onshore, accepted oilfield successful Block 6, operated and wholly owned by PDO. Discovered successful 1956, the tract began producing successful 1981.

As of 1983 estimates, Marmul's banal vessel lipid initially successful spot was astir 2.5 cardinal barrels.

"PDO signs six-year EPC model with Petrojet-ENPPI " was primitively created and published by Offshore Technology, a GlobalData owned brand.