Petrofac has been awarded a contract worth around $1 billion with Groupment Isarene, the joint operating group set up by Sonatrach, Petroceltic and Enel, on March 13 for the Ain Tsila development project in Algeria.
Located around 1,100 km south-east of Algiers, the Ain Tsila field 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.
“This award builds on Petrofac’s significant track record in Algeria where we have been operating successfully for more than 20 years, with a strong record for project execution and the development of local capability. We are focused on delivering an effective, safe solution that meets our high standards and continues our commitment to the local energy sector,” E S Sathyanarayanan, Petrofac’s group managing director, engineering & construction, said.
Petrofac’s EPC activities in Algeria include Sonatrach’s Tinrhert field development project, along with the Alrar and Reggane projects that commenced production last year.
Exxon Mobil Corp. has evacuated dozens of its foreign staff from the West Qurna 1 oil field, but work is still going on, according to multiple reports.
Drilled by the Maersk Voyager drillship on the Akoma exploration prospect, the well proved up to an estimated 650 billion cubic feet of gas and up to 20 million barrels of condensate, the company said in a news release.
The Ndungu-1 NFW well proved a 65-m oil column with 45 m of net pay in Oligocene sandstones with excellent petrophysical properties, Eni said in a news release.