London-based Petroceltic has awarded the long-delayed key $1bn engineering, procurement and construction (EPC) contract to develop Algeria’s 2.2tcf Ain Tsila gas-condensate field to troubled oil engineering firm Petrofac.
The firms now eye first output of gas and condensate in 2022. Target plateau volumes are 335mn cfd (3.5bcm/y) and 20,000 b/d. (CONTINUED - 231 WORDS)
