Petrofac led JV bags $1.5bn EPC contract for petrochemical project in Algeria
Petrofac and China Huanqiu Contracting & Engineering (HQC) have secured an engineering, procurement, and construction (EPC) contract worth $1.5 billion for a petrochemical project in Algeria, awarded by STEP Polymers. As the lead partner in the joint venture, Petrofac will be allocated $1 billion of the contract value, while its partner in the JV is […]