Last checked at 13 Aug 2014 07:53
Press Release
13 August 2014
PETROFAC AWARDED REFINERY CONTRACT IN MALAYSIA
Petrofac, the international service provider to the oil and gas industry, has been awarded an Engineering, Procurement, Construction and Commissioning (EPCC) contract by PRPC Refinery and Cracker Sdn. Bhd. a subsidiary under the Petroliam Nasional Berhad (PETRONAS) group, Malaysia's national oil and gas company; for a Refinery package in PETRONAS' Refinery and Petrochemicals Integrated Development (RAPID) project in Pengerang, Johor, Malaysia.
Worth more than US$500 million, the competitively tendered lump-sum EPCC scope of work includes three sulphur recovery units, two amine regeneration units, two sour water stripping units, a liquid sulphur storage units and a sulphur solidification package unit.
Located in Pengerang, within the state of Johor, Malaysia; PETRONAS' RAPID project is by far the largest liquid-based green-field downstream undertaking in Malaysia. It will have a 300,000 barrels per stream day refinery and will supply naphtha and liquid petroleum gas feedstock for the RAPID petrochemical complex, apart from producing a host of refined petroleum products, including gasoline and diesel that meet the Euro 4 and Euro 5 fuel specifications. RAPID is part of the bigger PETRONAS Pengerang Integrated Complex (PIC) development which comprises of RAPID and its associated facilities including the Pengerang Co-generation Plant (PCP), Re-gasification Terminal 2 (RGT2), Air Separation Unit (ASU), Raw Water Supply Project (PAMER), Crude and Product Tanks (SPV2) as well as central and shared Utilities and Facilities (UF). PIC is poised for its refinery start-up by early 2019.
Subramanian Sarma, Managing Director of Petrofac's Onshore Engineering & Construction business, commented: "This award represents another significant step in building our capability in the Asia-Pacific region. Malaysia is a core country for us, PETRONAS a key customer and we have a substantial physical presence in the country to support our ongoing projects and future aspirations."
Ends
For further information contact:
Alison Flynn
Head of Media Relations
Petrofac
Alison.flynn@petrofac.com +44 (0) 20 7811 4913
Petrofac Investor Relations +44 (0)20 7811 4900
Jonathan Low
Jonathan Edwards
IR@petrofac.com
Tulchan Communications Group Ltd
Stephen Malthouse
Martin Robinson
petrofac@tulchangroup.com +44 (0) 20 7353 4200
Notes to Editors
Petrofac
Petrofac is a leading international service provider to the oil and gas production and processing industry, with a diverse customer portfolio including many of the world's leading integrated, independent and national oil and gas companies. Petrofac is quoted on the London Stock Exchange (symbol: PFC).
Petrofac designs and builds oil and gas facilities; operates, maintains and manages facilities and trains personnel; enhances production; and, where it can leverage its service capability, develops and co-invests in upstream and infrastructure projects. Petrofac's range of services meets its customers' needs across the full life cycle of oil and gas assets.
With more than 18,000 employees, Petrofac operates out of seven strategically located operational centres, in Aberdeen, Sharjah, Abu Dhabi, Woking, Chennai, Mumbai and Kuala Lumpur and has a further 24 offices worldwide.
For additional information, please refer to the Petrofac website at www.petrofac.com.