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Petrofac receives $1 billion project in Algeria


Petrofac has received a $1 billion contract with Groupment Isarene for the Ain Tsila Development Project in Algeria.

Ain Tsila Development Project in Algeria is located around 1,100 km south-east of Algiers. It is expected to produce gas for the local Algerian market and for export. Under the terms of the 42-month contract, the lump-sum engineering, procurement and construction (EPC) project scope of work includes commissioning, start-up and performance testing.

E.Sathyanarayanan, Group Managing Director, Engineering & Construction, commented: “I am delighted we have the opportunity to be working with the Groupement Isarene partners to deliver this strategically important project. This award builds on Petrofac’s significant track record in Algeria where we have been operating successfully for more than 20 years, with a strong record for project execution and the development of local capability.”

The Groupement Isarene partners include Sonatrach, Petroceltic and Enel. Petrofac EPC activities in Algeria include Sonatrach’s Tinrhert Field Development Project, along with the Alrar and Reggane projects that commenced production last year.

Source Neftegaz
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