Middle East Economic Survey

VOL. LIV

No 4

24-Jan-2011

ALGERIA

Petrofac Wins $1.2Bn In Saleh Project

The UKs Petrofac has won the largest part of a delayed initiative to maintain plateau production of 9 bcm/year at BP and Statoils In Saleh gas project in Algeria. The $1.2bn, 50-month contract involves development of four southern fields at In Saleh: Garet el Befinat, Hassi Moumene, In Salah and Gour Mohmoud (MEES, 22 February 2010). A new central production and 6.13 bcm/y gas gathering...