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Projects Monitor 

Covering major construction projects in the Middle East
Updated: 30Nov11
 
Akakus Oil Operations - Gas Oil Separation Plant (GOSP)
Country : Libya
Project Value : USD 250,000,000 Estimated
Sector : Oil and Gas | Processing & Separation
PMC : Foster Wheeler International
Profile Type :  Standalone Project
On Hold
Last Activity:
EPC - Bid Submission
 
 
Owner : Akakus Oil Operations
Location :
Murzuq, Libya
Contract Type : LSPB - Lump Sum, Procure, Build
Facility Type : Gas oil separation plant
Capacity : 100,000 bpd
Background Akakus Oil Operations plans to build a gas-oil separation plant (GOSP) at the field IR in the Libyan Murzuq basin, 700 km from Tripoli.

The project is part of NOC’s plan to expand its oil and gas production capacity to 2.3 bpd by 2012 and 3 million bpd by 2015

Foster WheelerFoster WheelerLoading... is the PMC and the FEED consultant.
Expected Events
Schedule Contract Phase/Phase Description
Q3 2012 PlanningDecision regarding the go ahead of the project expected to be made
Latest Events In November 2011, the project was still on hold.

In Q3 2012, a decision regarding go ahead of the project is expected to be made.
Previous Events In 2011, the project was put on hold due to the political situation.

On 3 March 2010, the ITB for the EPC contract was issued.

On 12 June 2009, Foster WheelerFoster WheelerLoading... was awarded the PMC contract.

On 15 March 2009, bidders submitted their pre-qualification applications for the EPC contract.

In February 2009, the RFP for the EPC contract was issued.
Scope of Work Construction of:
- Two 50,000 bpd separation trains
- Storage tanks
- Oil shipping facilities
- Fiscal metering facilities
- HP and LP flaring systems
- Fire detection and fire-fighting systems
- Control systems
- Control/workshop building
- Electrical substation and interconnections with pipelines
- Overhead transmission lines and fiber optic networks.
- Water treatment plant production unit facility
- Gas compression and export facilities

Project Schedule

ScheduleContract Phase/PhaseDescription
Feb 2009 EPCRFP for the EPC contract was issued
Jun 2009 PMCPMC contract awarded to Foster WheelerFoster WheelerLoading...
03 Mar 2010 EPCITB issued
 
Prequalified
2011 PlanningProject put on hold
Q3 2012 PlanningDecision regarding the go ahead of the project expected to be made
 
Akakus Oil Operations
Owner 
 
Bugatti Building, 1st floor, Al Corniche Street, Abu Dhabi, P.O. Box 26702, Abu Dhabi, UAE Tel: +971 2-622-2117 | Fax: +971 2-622-2119 | Website: http://www.fwc.com/
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