Tendersinfo keep you informed about the latest events in the national and international Procurement Industry. Procurement News provides in-depth coverage of the procurement industry, including contract awards, contract additions, new contract wins, mergers and acquisitions. Tendersinfo through its tender news section provides an update on all domestic and global tendering opportunities, invitation to bid & trade leads.
Iraq,United States : KBR Awarded EPCM Contract by BOC to Develop Majnoon Field in Iraq
Publish Date : 21-May-2018
KBR, Inc. announced it has been awarded a contract by Basra Oil Company (BOC) for the development of the Majnoon Oil Field in Basra, Iraq. Under the terms of the contract, KBR will provide overall project management, multi-discipline engineering support, procurement and construction management services to BOC under a two plus one year extendable service contract.
"KBR has a long and rich history in Iraq and we are excited to be able to leverage our broad expertise in onshore oil and gas processing facilities across the project lifecycle as a true partner to BOC," said Jay Ibrahim, KBR President Europe, Middle East, Africa and Asia-Pacific region.
"This award highlights BOC's confidence in KBR's capabilities to deliver in multiple engineering discipline areas across a variety of projects," Ibrahim continued. "We look forward to transferring our knowledge and experience to local Iraqis in order to leave a lasting legacy in the country." Estimated revenue will be booked into the Hydrocarbons Services business segment as work orders are released.