After withdrawal of TotalEnergies, Algeria turns to Petrofac for its Arzew project - The Africa Report.com

Also receive offers from The Africa ReportWhile the French oil giant withdrew due to an “increase in project costs”, the Petrofac-HQC joint venture has undertaken to deliver the 88-hectare Arzew complex, near Oran, within 42 months.running behind scheduleA strategic challenge

For the time being, Algeria imports 100% of its polypropylene requirements, an essential element for the pharmaceutical and agricultural industries, as well as for the textile, transport and infrastructure sectors. The commissioning of the Arzew site will help to meet national demand, estimated at 120,000tn a year, and generate foreign currency income by exporting the surplus to African, European and Asian markets.“This project is of major importance for the development of natural resources,” said Algeria’s Minister of Energy and Mines Mohamed Arkab in a statement reported by the official Algerian news agency, APS.Also receive offers from The Africa ReportAccording to local authorities, the complex’s.

The British group has been present in Algeria for almost 25 years, and was at the helm of the construction of the gas compression centre at the Tinrhert fields for $600m. In September 2022, it was also awarded the EPC contract to build the separation and decarbonation units at Alrar and the multiphase pump station at Rhourde Chegga-Hassi Messaoud.

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