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Petrofac extends Turkmengas relationship with Galkynysh Gas Field operations support contract

AI Summary

Petrofac, a leading provider of services to the global energy industry, has been awarded an operations contract from Turkmengas at the Galkynysh Gas Field, in Turkmenistan.

The three-year contract, valued at over US$200 million includes: provision of personnel to supervise and support operations and maintenance activity; the provision of technical support and procurement services; and the development and implementation of management systems to support efficient operations of the Galkynysh Gas Field Central Processing Facilities 1 and 1A. No performance guarantees are required to be posted in relation to this contract.

Delivery of the Galkynysh Gas Field project, for state-owned Turkmengas, was one of the largest engineering, procurement, construction and commissioning (EPC) projects delivered by Petrofac’s Engineering & Construction business unit. The contract to develop the world’s second largest gas field was awarded in 2009, and completed in 2013.

Located near Yoloten (Mary Province, Turkmenistan), the facilities Petrofac will now support, have an equal capacity of 10 BCMA which delivers 20 BCMA to the export pipeline. The gas field ensures revenue for Turkmenistan’s economy, as well as domestic energy supply.

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