Samsung Engineering wins $800m Algeria contract

17 February 2014

South Korean contractor will build gas processing facilities at Algeria’s Timimoun field

The joint venture partners behind the Timimoun field development in Algeria have awarded South Korea’s Samsung Engineering an $800m engineering, procurement and construction (EPC) contract to build gas processing facilities.

The scope of works will include carrying out the EPC of a 180-kilometre pipeline and a central processing facility that will process 177 million cubic feet a day (cf/d) of gas. The contract is lump-sum turnkey (LSTK) and completion is expected in 2017.

The joint-venture partners behind the gas field development include the state-owned oil company Sonatrach as well as France’s Total and Spain’s Cepsa. Timimoun is located 800km southwest of Algiers.

Algeria plans ramping up its gas operations in 2014. As well as non-associated fields such as Timimoun it also plans a shale gas licensing round sometime in the second half of the year.

 

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.