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September 07, 2017 - Contax Partners’ Energy Feed

Al Hosn Gas releases EOI for Shah Gas Development Expansion | Deal signed by SEZAD & Boskalis to construct Liquid Bulk Berth in Duqm | Total sells its 15% stake in Gina Krog Field to KUFPEC| Aramco uses new technology to explore Empty Quarter |

 

Al Hosn Gas releases EOI for Shah Gas Development Expansion

Shah Gas Expansion The Abu Dhabi Gas Development Company (Al Hosn Gas) has announced it is seeking solicitation of interest to prequalify companies for various packages of its Shah Gas Development Expansion project (SGD Expansion-1) worth approximately USD 1.5bn. The SGD Expansion-1 project aims to increase the capacity of the Shah Gas Plant to 150% of the original design. For this project, Al Hosn Gas has appointed AMEC FW to perform FEED services and preparation of the solicitation of interest. The EPC awards for PKG 1 (Gas Gathering and Sales Gas Export Pipeline) & PKG 2 (Main Gas Plant and Sulphur Station Works) are expected to be awarded by Q3 2018.

 

Deal signed by SEZAD & Boskalis to construct Liquid Bulk Berth in Duqm

Duqm Berth The Special Economic Zone Authority in Duqm (SEZAD) signed an agreement with Boskalis Westminster (Oman) LLC for the development of a liquid bulk berth project at Duqm Port for c.USD 517mn. According to the agreement, Boskalis will carry out detailed engineering designs, construction of marine infrastructure, and dredging & reclamation works. On the other hand, Worley Parsons Engineering will oversee the engineering & construction works of the project. The project is expected to be complete within 32 months from the award date.

 

 

Total sells its 15% stake in Gina Krog Field to KUFPEC

Total sells stake Total has announced that it has signed an agreement to divest its remaining 15% interest in the Gina Krog field in Norway to Kuwait Foreign Petroleum Exploration Company (KUFPEC). The company's President of Exploration & Production stated that the firm has decided to divest its interest in the Gina Krog project in order to focus on other opportunities in Norway. Upon completion of the sale, KUFPEC will have a 30% stake of the Gina Krog field, Statoil (58.7%, operator), PGNiG Upstream International (8%) and Aker BP (3.3%). The Gina Krog oil & gas field commenced production in June 2017.

 

Aramco uses new technology to explore Empty Quarter

Seismic TechnologySaudi Aramco is using advanced seismic testing technology in order to re-explore areas in the Empty Quarter – a move that is expected to increase its proven oil and gas reserves before its upcoming IPO. Aramco has a team of approximately 900 people, who are using this new technology – developed over the last few years – to explore 15,400 square kilometers (5,950 square miles) around Turayqa (an onshore conventional gas field) in Saudi Arabia. While part of the area has been explored earlier by Aramco joint venture's with foreign firms and has resulted in no recoverable volumes of oil or gas, there are areas which have been relinquished by some of the joint ventures.

 

 

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