Gas Separation Samsung Builds Major Gas Separation Plant for Iraq's Oil Industry
Korean Samsung Engineering has bagged a US 879 million EPC contract for a new large–scale gas separation plant to be build at the Badra oil field in Iraq.
Seoul/Korea – Samsung Engineering will be responsible for building the central processing facility, including the separation facilities and the Utilities and Offsites facility for Gazprom Neft, a subsidiary of Russia's Gazprom, within 35 months. Production start of the 170,000 barrels of oil per day facility is scheduled for 2017, speakers stated.
“We are thrilled to be a partner of Gazprom for the first time and to be a part of ambitious oil project of Iraqi government,” said Steve Fludder, Senior Executive Vice President of Marketing at Samsung Engineering. “With our expertise in GSP projects, we will make sure to maximize client satisfaction and contribute to the development of Iraqi society.”
The facility will be operated by a consortium of Gazprom, Korea’s Kogas, Malaysia’s Petronas, and Turkey’s TPAO. In Iraq, Samsung is already executing the West Qurna Phase 2 project for Lukoil.
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