FMC Technologies has been engaged by Sonatrach-TRC, the Algerian Oil and Gas Company, for the development of five offshore loading stations for transportation of crude oil and condensate from onshore facilities.
The total project scope, valued at approximately $240 million, includes the supply of five SOFEC(TM) catenary anchor leg mooring (CALM) type buoys for export terminals with associated Pipeline End Manifolds (PLEM), as well as onshore and offshore pipelines and onshore facilities, including metering and 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 anticipated to be completed in 2004.
FMC Technologies provides mission-critical technology solutions for the energy, food processing and air transportation industries. The Company designs, manufactures and services systems and products for its customers through its FMC Energy Systems, FMC FoodTech and FMC Airport Systems businesses. FMC Technologies employs approximately 8,500 people at 35 manufacturing facilities in 16 countries. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
