PETROFAC HAS BEEN awarded a $1.2bn lump-sum engineering, procurement and construction (EPC) contract by In Salah Gas (ISG), an association between Sonatrach, BP and Statoil, to develop southern fields in the In Salah development.
p style="margin-bottom: 0cm;">PETROFAC HAS BEEN awarded a $1.2bn lump-sum engineering, procurement and construction (EPC) contract by In Salah Gas (ISG), an association between Sonatrach, BP and Statoil, to develop southern fields in the In Salah development.
Commenting on the award, Maroun Semaan, Petrofac’s group chief operating officer said: “The southern fields is our sixth EPC project in Algeria and further demonstrates our commitment to supporting the country’s developments in the energy sector. We have recently completed a similar project in the region for the same customer with success, and believe this new award reflects our dedication to this strategically important market where we maintain excellent relationships with both our customers and local construction partners.”
Subramanian Sarma, managing director of Petrofac’s Engineering & Construction business said: “I am delighted that we have secured the southern fields project. We hope to build upon our experience and knowledge gained from our long track-record of working in Algeria, including our current involvement with the In Salah gas compression project and look forward to strengthening further our relationships with both ISG and our subcontracting partners during the execution stages.”