Technip wins US$500mn Satah field development project contract

Satah-field-development

Zakum Development Company (ZADCO) awarded Technip and its consortium  with National Petroleum Construction Company (NPCC) an engineering, procurement and construction lump sum contract for the Satah Full Field Development project.

The contract is worth approximately US$500mn with Technip involvement in the deal worth 35 per cent. The Satah field is located 200km northwest of Abu Dhabi, United Arab Emirates.

The Satah Full Field Development project’s objective is to maximise crude oil production and oil recovery by reducing the well heads’ back pressure and introducing of gas injection and gas lift facilities.

The project scope involves offshore brownfield works to the existing well head platforms and production manifold platform, installation of infield pipelines, as well as modifications and installation of new facilities at the Onshore Satah plant at Zirku Island.

In a statement, Technip pointed out that the project had been award in part as a recognition of their expertise in the growing brownfield projects market in the Middle-East, said Arturo Grimaldi, Senior Vice President of Technip in the Middle East.

Technip's operating center in Abu Dhabi will execute the engineering and procurement activities while construction and installation activities for offshore works will be performed by NPCC. The Onshore construction activities will be carried out jointly by the consortium companies.

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