18 April 2008
Petrofac Secures Further Award for Kashagan Field Development Project
Petrofac, the international oil & gas facilities service provider, has secured an additional award at the Kashagan facility in Kazakhstan, operated by Agip KCO.
The award, with a US$105 million lump-sum scope and a US$10 million optional scope, is to engineer and procure a fourth sales gas compressor train within the gas and LPG plant and undertake debottlenecking modifications to tranches 1 and 2 of the gas treatment plant. The project is necessary to accommodate the additional gas associated with the processing of the production from the third oil train. This work will be carried out as an amendment to the existing gas treatment plant contract, also being executed by Petrofac.
Petrofac’s work to date on the Experimental Phase of the Kashagan field development project includes engineering, procurement and construction management for the oil treatment plant, gas and LPG treatment plant and sulphur treatment plant.
Commenting on the project, Maroun Semaan, chief executive of Petrofac’s Engineering & Construction division, said: “We are delighted to have secured this additional work; it represents Agip KCO’s continued confidence in Petrofac to deliver and further reinforces our position in and commitment to the substantial capital investment programmes that are underway and being planned in Kazakhstan and the Caspian region.”