Continental Focus, International Reach

Sonatrach Awards Petrofac Tinhert Job

Thursday, November 29, 2018

Sonatrach awarded a contract worth $506 million to Petrofac to boost gas output at the Tinhert field by 4.7 Mmcm/d, Sonatrach’s CEO Abdelmoumen Ould Kaddour said.

The value was about $100 million less than originally announced. Sonatrach Kaddour said the difference in value was because part of the work had been awarded to Algeria’s GCB.

The project in the Illizi region was expected to come online in 36 months, he told reporters.