China Petroleum Engineering Corporation (CPEC), the engineering arm of China National Petroleum Corporation, has won a $2.5 billion deal to construct a seawater pipeline in Iraq.
According to Yicai Global, the English-language outlet of Shanghai-based financial media Yicai, Basra Oil Company (BOC) awarded the project to Pipeline Engineering, a CPEC subsidiary.
The scope includes building…
KBR has secured a two-year extension of its engineering, procurement, and construction management (EPCM) contract with Basra Oil Company (BOC) for the Majnoon Oil Field in Iraq.
Under this renewed agreement, KBR will continue delivering comprehensive EPCM services aimed at sustaining production targets, enhancing operational efficiency, maximizing local content, and further improving safety performance.
“This…