GDF Suez Awards Algerian Touat Field Contract to Spain's Tecnicas Reunidas


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 2016 Thomson Reuters. Click for Restrictions.


Click on the button below to add a comment.
Post 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.

Related Companies

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
HR Advisor
Expertise: Cementing|HR - General
Location: Mt Braddock, PA
HR Advisor
Expertise: HR - General|Well Control
Location: Punxsutawney, PA
United States Elmendorf: Entry Level Operator Assistant I - Frac/Acid
Expertise: Field Service Tech
Location: Elmendorf, TX
search for more jobs

Brent Crude Oil : $51.78/BBL 0.77%
Light Crude Oil : $50.85/BBL 0.83%
Natural Gas : $2.99/MMBtu 4.77%
Updated in last 24 hours