Tengizchevroil announces investment decision

Fluor Corporation has announced that Tengizchevroil LLP has sanctioned KPJV, a joint venture between Fluor, Kazakh Institute of Oil and Gas JSC, Kazgiproneftetrans LLP, and WorleyParsons, to provide detailed EPC management support services for the Future Growth Project—Wellhead Pressure Management Project. The joint venture is working as part of an integrated team with Tengizchevroil on the project that is the next expansion of the Tengiz oil field in western Kazakhstan. Fluor plans to book its share of the contract value in the Q3 2016.

 The FEED and EPC management activities phase of this expansion project was awarded by Tengizchevroil to KPJV in 2011. The FEED is complete and detailed engineering is well underway. The project team is also engaged in long-lead procurement and early construction works for key project infrastructure at the Tengiz site.

The Future Growth Project will use sour gas injection technology to maximize Tengiz production capacity to approximately 39 MT-of-oil-per-year. While the Future Growth Project will increase production, the Wellhead Pressure Management Project will keep the existing Tengiz plants full by lowering the flowing wellhead pressure and boosting the pressure to Tengiz’s six processing trains.

Previous articleSoluções para a indústria de energia solar
Next articleNew JASC’s water-cooled three-way purge valve