GDF Suez, Sonatrach award Tecnicas Reunidas Touat contract
BY GERALDINE AMIEL
ALGIERS -- GDF Suez said that along with Sonatrach, it awarded a contract to Tecnicas Reunidas to develop the gas field of Touat, in southwest Algeria.
The Engineering, Procurement, Construction and Commissioning contract covers the field's first phase development plan, consisting mainly in the construction of an industrial natural gas treatment complex and collection system.
Production launch for the Touat field is planned for late 2016. The project will produce annually 4.5 Bscm of gas and 630,000 Bbl of condensate.
Groupement TouatGaz, which is the partnership between GDF Suez and Sonatrach, has begun to drill natural gas production wells to meet the needs of the treatment complex. 25 wells are scheduled in the first phase before the complex startup date.
Tecnicas Reunidas was awarded the contract after a tender offer procedure opened July 17, 2013 in which four international companies participated.
Dow Jones Newswires