British services firm Petrofac has added to its recent successes in Kuwait by scooping a $1.3bn contract to construct a key gathering center in the country. Gathering center GC-32 is intended to help maintain output at the 1.7mn b/d Burgan oil field and to counter rising sulfur levels there.
Kuwait already accounted for by far the largest single share of Petrofac’s revenue for 2016: some $2.19bn, 28% of the firm’s total revenue (see chart). (CONTINUED - 470 WORDS)