UPDATE 1-Petrofac wins over $350 mln gas compression contract

* Contract for Kauther gas compression project in Oman

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LONDON, July 2 (Reuters) - Oil and gas services company Petrofac (PFC.L) said on Thursday it won a contract worth more than $350 million for the Kauther gas compression project in Oman.

Petrofac will undertake the engineering, procurement and construction (EPC) of the gas compression system, and associated facilities at the Kauther gas plant.

It will also carry out the commissioning and six months of initial operations. (Reporting by Julie Crust; Editing by Mike Nesbit)