French engineering giant Technip has announced that the Khursaniyah gas plant conversion deal struck with Saudi Aramco has been switched from a time-unit based job into a turnkey contract.
Technip is carrying out the job with Bechtel.
Technip said the grassroots gas plant project is part of the Khursaniyah, Fadhli and Abu Hadriyah field development programme, part of Saudi Arabia's drive to boost its oil and gas output capacity.
The Khursaniyah job was originally awarded in March 2005, Technip added.
The Khursaniyah plant includes processing facilities for up to 1 billion cubic feet per day of sour gas and will pump about 500,000 barrels per day of light crude.
Technip's operations and engineering centre in Rome and Overseas Bechtel's offices in London are carrying out the project management, basic and detailed engineering, and procurement of equipment and materials. Construction and pre-commissioning work is being handled by the Saudi Arabian affiliates of Technip and Bechtel.
The plant is scheduled for completion in the first quarter of 2008.
Technip addded the Khursaniyah job's conversion into lumpsum turnkey will add about €600 million ($820 million) to Technip's backlog as of 30 June 2007, bringing its total to €10.27 billion. Technip's backlog stood at €9.88 billion on 31 March this year.
By Upstream Staff
© Upstream 2007