USD 63.9542

-0.06

EUR 71.1299

+0.23

BRENT 59.29

-0.01

AI-92 42.27

0

AI-95 46.03

0

AI-98 51.79

-0.04

Diesel 46.19

+0.03

68

Petrofac awarded $800 million contract for Khazzan phase 2 in Oman

Petrofac has been awarded a contract worth approximately $800 million for the Phase 2 at the Khazzan Phase 2 in Oman.


Petrofac reported on December 12, 2017, that the company has been awarded a contract worth approximately $800 mln by BP for the Phase 2 central processing facility (CPF) at the Khazzan Phase 2 gas development in Oman.  This follows the $ 1.4 bln Phase 1 CPF Khazzan project, awarded to Petrofac in February 2014, which celebrated 1st gas on 22 September 2017. 

 

The project comprises the addition of a 3rd gas train with a capacity for nominally handling 500 million standard cubic feet of gas per day (mmscfd), which will help drive increased total production capacity from the CPF to 1,500 mmscfd.

 

The Engineering, Procurement, Construction and Commissioning (EPCC) scope of work also includes liquid and compression trains and associated infrastructure, as well as brownfield work associated with connecting the Phase 1 and 2 facilities. 

 

Elie Lahoud, Petrofac Senior Vice President, Operations said: «We are proud to have been part of the Khazzan journey since the outset of Phase 1. This new award comes shortly after the start of production from the Phase 1 CPF facilities in September. That achievement provides us with a proven delivery model that, coupled with the knowledge gained from the earlier project and the strong support from our contractors, positions us well to deliver a great project for BP and Oman

 

BP Oman is lead partner in the Khazzan project with a 60% interest. Oman Oil Company Exploration & Production holds 40%.

To read this news in Russian.

 

Source : Neftegaz.RU