PARIS, Aug 8 (Reuters) – French utility GDF Suez and Algerian state energy group Sonatrach said on Thursday they had awarded an engineering contract to Spanish company Tecnicas Reunidas for the development of the Touat field in southwestern Algeria.
Production at the much-delayed Touat field, with reserves estimated at 445 million barrels of petrol equivalent, is scheduled to start in late 2016. The project will produce 4.5 billion cubic metres of gas annually and 630,000 barrels of condensate, GDF said in a statement.
The statement did not disclose the value of the contract awarded to the Spanish company, which consists mainly in the construction of an industrial natural gas treatment plant and collection system.
(Reporting by Christian Plumb, writing by Michel Rose; editing by Gus Trompiz)
Copyright 2017 Thomson Reuters. Click for Restrictions.
WHAT DO YOU THINK?
Click on the button below to add a comment.
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
Most Popular Articles
From the Career Center
Jobs that may interest you