Petrofac to operate gas plant in Sharjah

By OGJ editors
HOUSTON, Oct. 12
-- The government of Sharjah has let a contract worth more than $250 million to Petrofac to assume operation from BP Sharjah of the Sajaa gas plant and related assets when BP’s concession expires in 2013.

Petrofac’s contract, awarded through competitive bidding, is for 5 years.

The Sharjah Petroleum Council holds a 60% participating interest in the operation, and BP holds 40%.

The plant, with an inlet capacity of about 700 MMcfd, handles production from onshore Sajaa, Moveyeid, and Kahaif gas and condensate fields, producing sales gas, LPG, and condensate. Amoco Sharjah developed the Sajaa area play in the 1980s and became part of BP in 1999.

BP’s net Sharjah production fell to 59 MMcfd in 2009 from 123 MMcfd in 2005.

Related Articles

Roc Oil approves Fosun takeover bid

09/12/2014 After the failure of the proposed Roc Oil-Horizon Oil merger, the board of Roc Oil Ltd., Sydney, has unanimously voted to accept the most recent $4...

Wintershall to acquire interests off Norway

09/12/2014

Wintershall has agreed to acquire a package of production, development, and pipeline interests offshore Norway from Statoil for $1.25 billion.

Linn completes acquisition of Pioneer’s Hugoton assets

09/11/2014 Linn Energy LLC, Houston, has closed on its purchase of Hugoton field assets in Kansas from Pioneer Natural Resources Co., Dallas, for cash proceed...

Eni acquisition of Nigerian stake probed

09/11/2014 Eni said it is cooperating with authorities in Milan investigating its 2011 acquisition of an interest in a block offshore Nigeria from a Shell sub...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected