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Petrofac Awarded Services Contract in Algeria

Tuesday, January 8, 2013
Petrofac, the international oil and gas service provider, has been awarded a substantial services contract in Algeria, by the In Salah Gas and In Amenas joint ventures comprising Sonatrach, BP and Statoil. Under the terms of the competitively tendered three-year contract, Petrofac’s Engineering & Consulting Services (ECS) business will be providing a range of multi-discipline consultancy, design and procurement services. These activities will support the joint ventures’ development programme to augment hydrocarbon production on both the In Salah and In Amenas assets. It is anticipated that around 60-80 personnel will support the contract throughout the initial three-year period, while the contract has the potential to extend further with two additional one-year options. A significant proportion of the services will be delivered from Petrofac’s local engineering centre in Algiers. Craig Muir, Managing Director, ECS commented: “This award is strategically important to Petrofac. It expands our presence in Algeria where the Group’s track record extends over the last 15 years. As a result, we will continue to develop our capability in Algeria, to establish a local engineering centre with strength and depth, supporting our longer-term sustainability in-country. In addition to building our capability, we are committed to supporting In Salah Gas and In Amenas in their development plans and looking forward to undertaking the project scope.”

Source http://www.petrofac.com