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Thursday, August 20, 2015
Petroceltic International has launched a tender for the EPC services for its Ain Tsila gas and condensate development on Algeria’s Isarene permit. GroupeIsarene, the joint operating group for the Ain Tsila development plan, completed a pre-qualification process to select a short list of EPC contractors with Algerian experience which would be capable of delivering the Central Gas Processing Facility (CPF) and associated work for the development.
Following completion of that process, four companies (or consortia) were invited byGroupementIsarene to tender for the Ain Tsila EPC contract. Companies making the cut were Daewoo Engineering & Construction Co., GS Engineering Corp. and Dodsal Engineering & Construction PTE Ltd (acting as a consortium), JGC Corporation and JGC Algeria S.p.A (acting as a consortium), and TecnidasReunidas SA and Bonatti S.p.A (acting as a consortium).
The scope of work for the EPC contract comprises a CPF, an industrial base, an administration/ accommodation base, well gathering system, and product export system. This scope of work is based on the FEED outputs being generated by Chicago Bridge and Iron Company on behalf of the Groupement.
The surface facilities have been designed to process up to 420 Mmcf/d of wet gas, and transport the resultant product streams of dry gas, LPG, and condensate to existing tie-in points in Algeria’s export infrastructure.
Following a technical and commercial evaluation of the offers, it is anticipated that the EPC tender process will complete with an award recommendation targeted for year-end 2015, with first gas exports targeted for 2018.
The approved Ain Tsila plan of development envisages the production of gross reserves of 2.1 Tcf of sales gas, 67 million barrels of condensate and 108 million barrels of LPG extracted from an annual average wet gas plateau rate of 355 Mmcf/d. Development drilling is due to start in Q4 2015 with a newly built rig, contracted from Sinopec, which is currently en route to Algeria. Up to 24 new wells will be drilled and six existing wells recompleted prior to first gas, with a production plateau of 14 years maintained by further drilling.
GroupementIsarene is made up of Petroceltic, Sonatrach, and Enel.
Brian O’Cathain, CEO of Petroceltic said “We are delighted to see the continued solid progress of the Ain Tsila project towards the EPC contract award, and onwards towards first gas in 2018. The anticipated award of the EPC to an EPC contractor with significant Algeria experience will be a major milestone in de-risking that schedule.”
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