Petrofac was awarded a $1 billion contract with Groupment Isarene, the joint operating group set up by Algeria's state-run energy company Sonatrach, Irish Petroceltic and Italian Enel, for the Ain Tsila Development Project in Algeria, the British oilfield services provider announced Wednesday.
According to Petrofac's statement, the Ain Tsila field is located around 1,100 kilometers southeast of Algiers, and will produce gas, LPG and condensate for the local Algerian market and for export.
Under the terms of the 42-month contract, the lump-sum engineering, procurement and construction (EPC) project scope of work includes commissioning, start-up and performance testing.
According to the press release, Petrofac has been operating in Algeria for more than 20 years, and its EPC activities include Sonatrach's Tinrhert Field Development Project, along with the Alrar and Reggane projects that commenced production in 2018.
By Hale Turkes