Middle East Economic Survey

VOL. LIII

No 47

22-Nov-2010

SYRIA

Gulfsands Awards Khurbet East Processing Plant Contract To Saipem

Gulfsands Petroleum has awarded Italys Saipem a $129mn contract to build the central processing facility (CPF) at its Khurbet East oil field in Syrias Block 26. The facilitys initial capacity will be 50,000 b/d, with initial oil production expected to be 33,000 b/d. The contract for construction will be signed later this month, and completion is set for September...