China's CPECC wins $204MM Majnoon contract in Iraq

China Petroleum Engineering & Construction Corp (CPECC) has won a $203.5 million engineering contract to treat sour gas at Majnoon oilfield in Iraq

The project, due to be completed within 29 months, aims to build sour gas treatment facility with daily capacity of 4.39 million cubic metres, according to a statement issued by China National Petroleum Corp (CNPC), parent company of CPECC.

Iraq's Majnoon oilfield, operated by state-run Basra Oil Co, is now producing around 240,000 barrels per day (bpd) and plans to boost output to 450,000 bpd in 2021.