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  • Start-up at In Salah Southern Fields announced
    édité le 16/02/2016 - Plus de news de "bp" - Voir la fiche entreprise de "bp"


Start-up at In Salah Southern Fields announced
In Salah Gas, a joint venture between Sonatrach, BP and Statoil announced the start-up of its Southern Fields project.

The project is the latest stage in the development of seven gas fields in central Algeria. The In Salah Gas joint venture commenced production in 2004 from three fields in the north of the area: Krechba, Teguentour and Reg. The Southern Fields project involves the development of four dry gas fields: Gour Mahmoud, In Salah, Garet el Befinat and Hassi Moumene. Developing the Southern Fields will maintain planned production at 9 billion cubic metres per annum.

Commenting on the start-up, Hesham Mekawi, BP North Africa Regional President said: “The safe start–up of Southern Fields is an important example of the strength and quality of the longstanding partnership between Sonatrach, BP and Statoil and is evidence of BP’s continued commitment to invest in Algeria. I am pleased to congratulate the team at In Salah Gas on this significant achievement that will sustain production for years to come.”

Drilling of 26 planned southern field wells began in 2014 and is planned to continue until 2018. The project’s scope includes a new 500 mmscfd gas dehydration central processing facility close to Hassi Moumene, brownfield modifications to existing processing facilities at Reg, Teg and Krechba, 150 km of carbon steel export pipelines, 160 km of 13% chrome corrosion resistant alloy infield flowlines and the drilling and tie in of the 26 new wells.

Production is planned to ramp up to 14.1 million cubic metres per day (500 mmscfd) as wells in the Hassi Moumene and Garet el Befinat field are brought on line over the next two months.

About In Salah Gas

Partners in the In Salah Gas joint venture are Sonatrach (35%), BP (33.15%) and Statoil (31.85%).
In Salah Gas has total estimated recoverable resources of 159 billion cubic metres (5.6 TCF).
Commercial gas production from In Salah gas started on 18 July 2004. The sales gas is marketed by In Salah Gas Limited, a company jointly owned by Sonatrach, BP and Statoil. Gas is sold to ENEL in Italy.
In Salah Gas partners approved the final investment decision for the ISSF project in 2011.

About BP in Algeria

Beginning in the mid-1950s, BP has grown to become one of the largest foreign investors in Algeria. BP partners with Sonatrach and Statoil in the In Salah Gas and In Amenas joint ventures, which supply gas to the domestic and European markets.

About BP

BP (NYSE:BP) is one of the world's largest oil and gas companies, serving millions of customers every day in more than 80 countries, and employing nearly 85,000 people. BP's business segments are oil and gas exploration & production, and refining & marketing. In alternative energies, BP has low- and no-carbon wind and biofuels businesses. Through these activities, BP provides fuel for transportation; energy for heat and light; services for motorists; and petrochemicals products for plastics, textiles and food packaging. It has strong positions in many of the world's hydrocarbons basins and strong market positions in key economies.

About Statoil

Statoil ASA (OSE: STL, NYSE: STO) is an international energy company with operations in 36 countries. Building on 40 years of experience from oil and gas production on the Norwegian continental shelf, we are committed to accommodating the world's energy needs in a responsible manner, applying technology and creating innovative business solutions. We are headquartered in Stavanger, Norway, with approximately 23,000 employees worldwide, and are listed on the Oslo and New York stock exchanges.

About Sonatrach

Sonatrach is the largest oil and gas company in Algeria and Africa. The company operates in exploration, production, pipeline transportation and marketing of hydrocarbons and by products.
As part of a diversification strategy, Sonatrach stepped up investments in power generation, new and renewable energies, water desalination, and mining exploration and exploitation. The international strategy of the company includes operations in several parts of the world namely: in Africa (Mali, Niger, Libya, Egypt), in Europe (Spain, Italy, Portugal, Great Britain), in Latin America (Peru) and in the USA.
With a turnover nearing $56,1 billion in 2010, Sonatrach is ranked first company in Africa and 12th in the world. It is also 4th world LNG exporter, 3rd world LPG exporter and 5th World Natural gas exporter.


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