Uchenna Izundu
International Editor
LONDON, Jan. 16 -- Karachaganak Petroleum Operating BV (KPO) let an engineering, procurement, construction, and commissioning contract to oil services provider Petrofac of Aberdeen to add a fourth stabilization and sweetening train at the Karachaganak Processing Complex in northwest Kazakhstan. The train will process gas and condensate from the Karachaganak oil and gas-condensate field. The contract's value was not disclosed.
Liquids capacity at the complex will increase to 10.3 million tonnes from 7.7 million tonnes after installation of the train, which is scheduled for completion in mid 2009.
The new facility will consist of pipeline, slug catcher, condensate stabilization, gasoline sweetening, export oil facilities, flash gas compression, gas dehydration and dew pointing, export gas compression, flare, and utilities, a Petrofac spokesman told OGJ.
This agreement follows Petrofac's successful completion of the development's front-end engineering design study carried out last year.
Karachaganak field has gross field reserves of more than 2.4 billion bbl of oil and condensate, and 48 tcf of gas. Liquids are exported south via the 28.2 million tonne/year Caspian Pipeline System to the Black Sea near Novorossiysk in Russia and are then exported to western markets.
BG International operates the field on a joint basis with Eni SPA, and each company holds a 32.5% share in KPO. Other partners are Chevron Corp., with a 20% stake, and OAO Lukoil with a 15% stake.
Contact Uchenna Izundu at [email protected].
