GROUNDBREAKING CEREMONY FOR GDP PHASE 2 PROJECT IN GARRAF
November 2024: In the presence of PEG President Ing. Paolo Trocca and top management from TOC - Thi Qar Oil Company - PCIHBV - PETRONAS Carigali Iraq Holding B.V. - and SCOP - State Company for Oil Projects - the Ground-breaking ceremony was held for the EPCC project for GDP phase 2 at the Garraf field, awarded by PCIHBV to PEG - SCOP consortium.
PEG WINS HSE EXCELLENCE AWARD AT 2023 ADIPEC
Abu Dhabi Emirate - UAE, PEG received the Contractors HSE Excellence Award for our HSE performance in the Buhasa project for ADNOC at the 2023 ADIPEC Business Partnership Forum.
PEG HAS BEEN AWARDED A NEW PROJECT IN GARRAF
PEG, in consortium with SCOP - the Iraqi State Company for Petroleum Projects, was awarded by PCIHBV - PETRONAS Carigali Iraq Holding B.V. the contract for Engineering, Procurement, Construction and Commissioning (EPCC) of the Phase 2 Gas Dehydration Plant in Garraf - Iraq. The value of the contract is $320.9 million. The completion date is scheduled for June 2026.
ONE MILLION SAFE MAN HOURS
PEG achieved 1,000,000 safe man hours without lost time injuries (LTI) on 11 April 2023, in ECP project of Dry Gas Pipeline and Dehydration Plant (GDP1), for Petronas Carigali Iraq Holding BV.
THE THREE TRAINS EPCC PROJECT COMPLETED BY PEG
PEG received the PAC (Certificate of Provisional Acceptance) from PCIHBV - Petronas Carigali Iraqi Holding B.V. - for the ENGINEERING, CONSTRUCTION, AND COMISSIONING (EPCC) SUPPLY FOR OIL TRAIN 3, 4 AND 5 project.
PEG WINS THE NEW WATER INTAKE AT QARMAT ALI
PEG was awarded by BP Iraq NV the contract for the EPC of the Qarmat Ali Intake Structure and 1st stage Lift Pump Replacement project in Rumaila, Iraq. The value of the contract is $62.7 million. The completion date is scheduled for October 2024.
PEG WINS THE WEST QURNA FWKO PROJECT
PEG was awarded by ExxonMobil Iraq Limited the contract for the EPC of the West Qurna I Free Water Knock out (FWKO) project in Iraq. The value of the contract is $87.6 million. The completion date is scheduled for July 2024.
CHINESE-ITALIAN CONSORTIUM WINS IRAQ OIL PROJECT
The consortium will expand the degassing station at the Zubair oil field in Iraq as part of the
contract awarded by Eni and Basra Oil Company
EPC for Two Crude Oil Trains and a 24" Pipeline of 42,6 Km - Nasiriya - Iraq
Petronas' Construction Contract Awarded to an Italian Company with the Financial Support of SACE and INTESA SAN PAOLO
The Italian company Peg goes to Nasiriyah - A refinery for the new Iraq
EPC for Two Crude Oil Trains and a 24" Pipeline of 42,6 Km - Nasiriya - Iraq
Sace 5/11/2018 - In Iraq a new oil plant built by PEG
Thanks to the guarantee issued by SACE SIMEST and Intesa Sanpaolo, the Italian company was awarded by the Malaysian company Petronas an important contract of 308 million USD for the construction of an oil plant in southern Iraq.
The plant will be built in partnership with CPECC - China Petroleum Engineering & Construction Corporation, an engineering and contracting company of the Chinese government's Oil Company.
EPC for Two Crude Oil Trains and a 24" Pipeline of 42,6 Km - Nasiriya - Iraq
ANSA 5/11/2018 - $308 million oil plant in Iraq awarded to PEG
The engineering and contracting company PEG, was awarded by the Malaysian company Petronas a contract of 308 million USD for the construction of an oil plant in southern Iraq. This was announced by a note by Sace Simest, the CDP Group's Pole of Exports and Internationalization which, together with Intesa Sanpaolo, issued the guarantees. The Roman company will build a crude oil treatment plant in the oil field of Garraf, near Nasiriya, currently managed by Petronas. “We are very proud of this deal because it was finalized in partnership with a global player such as China Petroleum Engineering & Construction Corporation - stated Paolo Trocca, PEG Chairman. “We believe this is the result obtained by the bet made in 2012 to ensure a strategic physical presence in the region thanks to the Dubai subsidiary and the Iraq branch".