Honeywell Has $360m Worth of Contracts in Iraq

Honeywell has said it currently has $360m worth of contracts in Iraq, Dow Jones has reported.

The US-based engineering firm has a contract with China National Petroleum Corporation (CNPC) to develop process control systems and fire and gas detection systems at the Ahdab oil field, Tarek Nahl, the company's Middle East sales manager, told the news service.

Honeywell is also upgrading a control and process system at the 140,000 barrels-a-day Baiji refinery, 200km north of Baghdad, Nahl said.

It also has contracts with the country's state South Oil Co to develop process and control and fire and gas detection systems at the Subba/Luhais oil field in southern Iraq, and is developing a process control system for Basra's crude oil export pipeline project currently under construction.

(Source: Dow Jones, AME Info)

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