The Petrofac contract, valued at $90 million, involves the construction of: two onshore trains, each with capacity of 300 million cf/d of gas; a 350-tonne-a-day sulphur recovery unit; granulation and storage units; and associated facilities. The offshore element of the project will entail the construction of a new riser platform in the Mubarak field and associated facilities. Petrofac has completed the front-end engineering and design (FEED) studies for the onshore scheme.
The client, Crescent Petroleum Company, also Sharjah-based, signed a deal last year with National Iranian Gas Export Company (NIGEC)for the delivery of Salman gas.
Average gas demand from the Federal Electricity & Water Authority, United Water & Electricity Companyand Ras al-Khaimah in the northern emirates, which stands at 207 million cf/d and rises to 286 million cf/d during the peak summer months, is expected to increase by 6 per cent over the next five years.
NIGEC has said it expects to sign by the end of May deals for the supply of a further 500 million cf/d of gas to companies in Sharjah and Dubai. Gas supplies from Qatar are due to arrive in the UAE in late 2006 under the Dolphin gas project (see above; MEED 30:4:04).
You might also like...
Ruwais LNG full EPC award expected in June
29 March 2024
PIF entity makes $1bn Lucid placement
29 March 2024
Petro Rabigh awards KBR maintenance contract
29 March 2024
Diriyah Company seeks firms for demolition work
29 March 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.