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Technip was awarded USD 500 mln EPC deal

September 09/2011

(Arabian Oil and Gas) -- Technip, in consortium with the UAE's NPCC has been awarded an engineering, procurement and construction lump sum contract, worth a total of approximately USD 500 mln for the offshore Satah Full Field Development project.

This Satah field is located 200 kilometers northwest of Abu Dhabi, United Arab Emirates, is owned by ZADCO and is slated to produce 25,000 barrels of oil per day over 25 years.

The Satah Full Field Development projects objective is to maximize crude oil production and oil recovery by reducing the well heads back pressure and introducing of gas injection and gas lift facilities.

The project scope involves offshore brownfield works to the existing well head platforms and production manifold platform, installation of infield pipelines, as well as modifications and installation of new facilities at the Onshore Satah plant at Zirku Island.

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