Petrofac has been awarded a US$2.2 billion engineering, procurement and construction (EPC) contract for the El Merk central processing facility (CPF) in the Berkine Basin of Algeria.
The international oil and gas facilities service provider will execute the project over the next 44 months, with first significant volumes expected in 2012.
“The award of the very substantial El Merk CPF project firmly consolidates Petrofac’s position as one of the key players in the Algerian oil & gas sector and again highlights Petrofac’s competitiveness in the Middle East EPC market,” said Maroun Semaan, CEO, Petrofac
The El Merk CPF, located in Block 208, will be operated by Sonatrach and Anadarko on behalf of the El Merk partners: Sonatrach, Anadarko, Maersk Oil, Eni, ConocoPhillips and Talisman BV. Block 208 is located 90 km south of the Hassi Berkine South (HBNS) facility.
The combined nominal capacity of the initially installed processing facilities will be 98,000 bpd of crude, 29,000 bpd of condensates, and 31,000 bpd of LPG, together with an NGL train with a nominal capacity of 600 million ft3.
“We are delighted to have secured this important and substantial contract. Petrofac has been actively executing the ISG project in Algeria for the past 14 months and the award of El Merk re-enforces our commitment to working in the country,” commented Ayman Asfari, Petrofac’s group chief executive.
