FMC Technologies selected for Sonatrach offloading project in Algeria News
// January 3, 2003
FMC Technologies has been engaged by Sonatrach-TRC, the Algerian oil and gas company, forthe development of five offshore loading stations for transportation of crude oil and condensate from onshore facilities.
The contract, worth some $240 million, includes the supply of five SOFEC CALM (catenary anchor leg mooring) type buoys for export terminals with associated PLEM (Pipeline End Manifolds), as well as onshore and offshore pipelines and onshore facilities, including meteringand pumping stations.
FMC Technologies plans to subcontract the pipeline design, supply and installation and the onshore facilities to OPE of Houston, Texas.
The estimated value of the OPE package is approximately $120 million, making the resulting estimated value of the project to FMC Technologies approximately $120 million.
The project is due to be completed in 2004.
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