FINANCIAL NEWS

British Petrofac wins USD100m gas deal from Bahriani Tatweer

19 Sep 2015

(MENAFN) Britain’s Petrofac has won a contract worth about USD100 million from Bahrain’s Tatweer Petroleum to build a gas dehydration facility, an industry source said.

The capacity of the gas facility will be 500 million standard cubic feet per day (scfd), the source said. This project is the first among those planned by Tatweer to add gas capacity to meet rising domestic demand.

In 2009, Bahrain through the National Oil and Gas Authority (NOGA) teamed up with US Occidental Petroleum and Abu Dhabi’s Mubadala Development Co. to establish Tatweer Petroleum to increase oil and gas production from the Bahrain field.

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