Sonatrach awards contract for offshore terminals
Algerian state oil and gas company Sonatrachon 14 December awarded a $240 million contract to FMC Sofec Floating Systems to construct five offshore terminals for loading crude and condensate. Sofec is a unit of the Texas-based FMC Technologies. The new installations are designed to double Algeria's oil export capacity to 220 million tonnes by 2010. Sofec will subcontract $120 million-worth of the work to fellow Texan firm OPE, ...
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