StockMarketWire.com - Services group Petrofac said it had won contract worth around $1bn for an Algerian gas project.

The 42-month contract was awarded by Groupment Isarene, a joint operating group set up by Sonatrach, Petroceltic and Enel for the Ain Tsila development project.

The lump-sum engineering, procurement and construction work would include commissioning, start-up and performance testing.



Story provided by StockMarketWire.com