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China CPECC wins $203.5mn Iraq gas plant contract

China Petroleum Engineering and Construction Corporation (CPECC) has been awarded a major contract worth $203.5 million to build a sour gas treatment facility at Majnoon oilfield in Iraq.

The project, which is likely to be completed within 29 months, will have the capacity to treat 4.39 million cu m of sour gas per day, reported Reuters, citing a company statement.

Iraq's Majnoon oilfield, operated by state-run Basra Oil Company, is now producing around 240,000 barrels per day (bpd) and plans to boost output to 450,000 bpd in 2021.
  • #CPECC
  • #Iraq
  • #China
  • #Industry
  • #award
  • #Win
  • #contract
  • #gasplant
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