Algeria: Oil and Gas Project Tecnimont Awarded 400 Million Dollar EPC Contract
The contract has been awarded by Groupement Bir Seba to carry out engineering, procurement and construction activities for the ‘Bir Seba Phase II and Mouiat Outlad Messaoud Field Development’ Project, in Algeria.
Milan/Italy – Maire Tecnimont has recently announced that its subsidiary Tecnimont has been awarded by Groupement Bir Seba an EPC contract for the execution of the ‘Bir Seba Phase II and Mouiat Outlad Messaoud Field Development’ Project, in Algeria. Groupement Bir Seba is composed of Algeria’s state-owned Sonatrach, Petrovietnam Exploration Production Corporation, and PTT Exploration & Production Algeria, a subsidiary of Thailand’s national oil company PTTEP. The project will be implemented in the Bir Seba and Mouiat Outlad Messaoud oil fields, located in the Touggourt area, about 130 km northeast of Hassi Messaoud.
The overall contract value is approximately 400 million dollars. The scope of work includes full engineering, procurement and construction activities.
The project entails the expansion of an existing oil central processing facility, with the installation of a new oil separation train to double the total capacity up to 40,000 barrels of oil per day. The project also includes the installation of 2 additional remote gathering stations and more than 400 km of pipelines to connect the new oil production wells, along with the implementation of gas lift and water injection facilities.
Project completion is scheduled after 40 months from the contract effective date.
Pierroberto Folgiero, Maire Tecnimont Group CEO, stated: “After our previous award with Sonatrach in 2018, this achievement lets us further consolidate our industrial footprint in the strategic Algerian market in the crucial oil & gas sector, having matured a solid experience of projects’ execution in other Middle Eastern and North African countries. We are really proud to strengthen a mutually beneficial relationship with such prominent clients, as sound evidence of our successful operations in the country. This is the fifth major award for our Group in 2020 in spite of the ongoing Covid pandemic and is a further testament of our core business’ resilience.”