Petrofac Limited: PETROFAC AND HITACHI ENERGY ANNOUNCE SECOND PROJECT IN SUPPORT OF TENNET’S 2GW PROGRAMME
The project is to be executed under a standalone contract, with Petrofac’s portion valued at around US$1.4 billion.
- The project is to be executed under a standalone contract, with Petrofac’s portion valued at around US$1.4 billion.
- In an initial announcement earlier this year, Petrofac and Hitachi Energy reported the award of the six-project Framework Agreement.
- Additional projects within the TenneT’s 2GW Programme are expected to be awarded at approximately six-month intervals.
- Commenting on the award, John Pearson, Chief Operating Officer, Energy Transition Projects, Petrofac, said: “We have been collaborating with our partner Hitachi Energy, and client TenneT, on the first project, Ijmuiden Ver Alpha.