Petrofac Wins Gas Plant Contract in Egypt

Petrofac, the international oil & gas facilities service provider, has been awarded a US$200 million lump sum engineering, procurement and construction (EPC) contract by Khalda Petroleum Company (KPC) to build a new gas processing facility at Salam area in Egypt.  KPC is a joint venture company between Apache Corporation and Egyptian General Petroleum Corporation (EGPC).

The project, scheduled for completion before the end of 2008, will also be utilising the capabilities and expertise of local construction and fabrication company, Petrojet.  The project scope covers execution of project management, detailed design, procurement, construction, pre-commissioning, commissioning, start-up, performance testing and initial operations.  KPC is adding this third gas processing train (SGT3) to its existing gas facilities in the Salam area to process the gas produced from its new discoveries.

Commenting on the award, Maroun Semaan, chief executive, Petrofac Engineering & Construction said:  “We are delighted to re-enter the Egyptian market.  This is a major development for our core gas plant business and this will be our eighth gas processing plant project undertaken in the last ten years.  We are very much looking forward to providing our expertise to this important new customer, Khalda Petroleum Company.”