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Algerian Oil And Gas Company News

11 Nov 2009

Hyproc Shipping Chooses AMOS2

During a formal ceremony held at the local Sheraton Hotel in Oran, Algeria on the 9th of September, Giampiero Soncini and Stefano Succi have signed a contract with Hyproc, a branch of the Algerian oil and gas company Sonatrach, the 12th largest oil and gas company in the world. The project (called HYceo) includes the delivery of AMOS software for the Hyproc fleet of LNG carriers, consultancy and bespoke software development, and an extended personnel training program. The project has to be completed by end 2010. SpecTec Italy has linked with Hyproc's team in Algeria, Ernst&Young in Paris (Hyproc bid consultant), Oracle in Algeria and Veson in the USA on this contract in order to present a coordinated and workable bid. (www.spectec.net)

17 Dec 2002

FMC Chosen for Sonatrach Oil Offloading Project

FMC Technologies, Inc. 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* 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 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.