Maire Tecnimont wins $61.5m Sonatrach contracts
Subsidiary Sofregaz wins five contracts with Algerian energy giant
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Italian company Maire Tecnimont has announced that it has signed five contracts with Algerian oil giant Sonatrach though its French subsidiary Sofregaz.
Under the contracts Sofregaz will execute Conceptual Design and Front-End Engineering Design (FEED) to expand the Sonatrach gas transmission network. The total value of the five contracts is approximately US$61.5 million and the expected date of completion is August 2010.
“We are delighted to renew our cooperation with such a prestigious client as Sonatrach” Fabrizio Di Amato, chairman and CEO of Maire Tecnimont said.
“Through these five projects our Group will contribute to the Algerian investment plan for expanding and upgrading the gas transmission system of the country,” he added.
The main project is the FEED for the new GR5 gas pipeline, which will be 800 km long and will transport to the Hassi R’Mel area all future gas coming from the new fields currently under development in the South-West.
The second project refers to the relocation of the existing National Gas Dispatching Center (CNDG) from Hassi R’Mel – which is currently the starting point for the main gas export pipelines to Maghreb and Southern Europe such as MEG, Medgaz, Trans-Mediterranean and Galsi – to a new
site to accommodate the expected increase of gas capacity.
The other three projects relate to the installation of air coolers on the fifteen existing compressor stations along the GZ1, GZ2 and GZ3 gas pipelines from Hassi R’Mel to the coastal city of Arzew, as well as three compressor stations along the GR4 and GZ5 gas pipelines.