Uncategorized
Petrofac wins $800 million BP contract for Khazzan Phase 2
Petrofac has been awarded a contract worth $800 million by BP for Phase 2 of the Khazzan gas field. According to a Reuters news report, “The contract involves work to help drive an increase in total production capacity from the central processing facility to 1,500 mmscfd (million standard cubic feet per day).”
Petrofac also worked on the $1.4 billion Phase 1 CPF Khazzan project, which was awarded to them in February 2014.
Phase One of the Khazzan development is made up of 200 wells feeding into a two-train central processing facility. Phase One production is expected to plateau at 1 billion cubic feet of gas per day (bcf/d).
Once the second phase of the Khazzan is fully up and running production is expected rise to 1.5 bcf/d. Approximately 300 wells are expected to be drilled over the estimated lifetime of the Khazzan field. Phases One and Two will together develop an estimated 10.5 trillion cubic feet of recoverable gas resources.
-
Artificial Intelligence2 months agoTop 5 Interesting Things AI Did This Month – September 2026 Edition
-
Economy1 month agoOER Magazine September Edition 2026
-
Fashion1 month agoLuxury Watches That Could Appreciate Over the Next Decade [2026 Auction Buyer Guide]
-
Alamaliktistaad Magazines1 month agoAlam Al-Iktisaad Magazine September 2026 Edition
-
Banking & Finance2 months agoINVESTIGATION: What If You Bought Apple Stock Every Time You Bought an iPhone?
-
Artificial Intelligence2 months agoWhat the World’s Top 10 Tech CEOs Really Earn
-
Featured2 months agoOPINION: The Sultan Haitham City Residency Rule Most Buyers Don’t Know About
-
Construction1 month agoSAH wins double honours at Dossier Construction Awards & Summit 2026

You must be logged in to post a comment Login