ABB receives order to design and build Algerian gas processing plant

Jul 21, 2000 02:00 AM

ABB confirmed it has been awarded an order valued at $ 574 mm, together with Petrofac International of the US, to design and build a natural gas processing plant for the Ohanet gas fields in Algeria. The order was placed by a consortium led by BHP Petroleum of Australia.
Under the terms of the contract, ABB is responsible for the design, procurement and construction of the plant, which will process natural gas into LPG and condensates used in fuel, chemical feedstocks, and other applications. The plant will have an output of 30,400 bpd of condensate, 27,700 bpd of LPG and 665 mm cfpd of pipeline quality gas. Production from the plant is expected to begin in late 2003.
ABB said the order reflects the strong position of its ABB Lummus Global unit in the upstream oil and gas processing market, and builds on the ABB Group's proven track record in Africa, where it is playing a key role in energy infrastructure development. This is the first major order of the third quarter in the Oil, Gas and Petrochemicals segment after the record 47 % increase in orders reported for the first half of the year.
ABB's Oil, Gas and Petrochemicals segment reported revenues in 1999 of about $ 3 bn, or about 12 % of ABB Group's total sales. The Ohanet fields lie on the northern edge of the Sahara desert, about 1,300 km south-east of Algiers and 100 km west of the Libyan border.

The ABB Group serves customers in power transmission and distribution; automation; oil, gas, and petrochemicals; building technologies; and in financial services. With novel IT applications, tailored software solutions, growing eBusiness and a fast-expanding knowledge and service base, ABB is building links to the new economy. The ABB Group employs about 160,000 people in more than 100 countries.

Source: Business Wire
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