Home Oil and Gas China CPECC lands $203.5mn Iraq gas plant contract

China CPECC lands $203.5mn Iraq gas plant contract

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

The project, which is eventually to be completed within 29 months, will have the capacity to treat 4.39 million cubic meters 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 approximately 240,000 barrels per day (BPD) and plans to upgrade output to 450,000 BPD in 2021.

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