|It said the turnkey project, to be completed by April 2017, calls for
Samsung Engineering to draw up the plans, handle procurement, carry out
construction and conduct a trial run.
The CPF will be built to handle 177 million standard cubic feet of gas per day.
Groupement Timimoun (GTIM) placed the order with the formal agreement being signed in the Algerian capital.
is a joint venture among Algeria's state-run oil company Sonatrach,
France's oil giant Total and CEPSA S.A.U. of Spain. Sonatrach owns a 51
percent stake in the venture, followed by 37.75 percent for Total and
11.25 percent for the Spanish oil company.
said that the latest contract will permit greater cooperation with
Sonatrach down the line and permit the company to make greater inroads
in the African construction and engineering market.
In 2009, the company secured the $2.6 billion Skikda oil refinery work from Algeria's state-run company...