International oil and gas facilities service provider Petrofac Ltd (LON:PFC) said it won a US$430 million contract from Kuwait Oil Company (KOC) for the engineering, procurement and construction of effluent water and central sea water injection facilities.
The project involves the installation of a new central injection pumping facility and modifications to three of the existing gathering centres and seawater treatment plant.
When completed, both effluent water and sea water will be fed into a central injection pumping facility and injected into the wells with the objective of increasing the oil recovery capacity in the Raudhatain and Sabriyah fields.
The project is scheduled to commence shortly and estimated for completion within 36 months.
Petrofac group chief operating officer Maroun Semaan said: "The water injection project announced today, together with the pipeline contract awarded at the end of July, enables us to extend our operations in Kuwait and further consolidates our competitive position in the Middle East."
Disclosure: The author holds no positions in the company