Penspen lands Abu Dhabi oil field project contract
ABU DHABI, November 23, 2020
Penspen, a leading global provider of engineering and project management services to the energy industry, has secured a £1.8 million ($2.4 million) detailed engineering project contract from Galfar Engineering & Contracting Emirates for a major oil field project on the south-east border of Abu Dhabi.
The Haliba oil field, also known as the Area 1 onshore oil field, was brought on stream in July last year. It is owned and operated by Al Dhafra Petroleum, a joint venture established in 2014 between the Abu Dhabi National Oil Company, the Korea National Oil Corporation and GS Energy.
Being developed in two phases, the Haliba onshore field is expected to reach up to 60,000 bpd production capacity by 2023.
Penspen said the EPC award will see the company undertake well tie-in work at the main Haliba oil field and peripheral prospects. It will also support with the design and detailed engineering of different types of wells, including: straight oil producers, ESP/artificial lift and water injection wells.
The Penspen contract covers 75 wells over four years. The first tranche of work will be for 11 wells, it added.
On the contrct win, Executive VP (Middle East, Africa and Asia Pacific) Neale Carter said: "This is the first project we have secured with Al Dhafra Petroleum, and we are hopeful that our relationship will continue to strengthen for further work."
"Our MEA team has a stellar reputation of delivering work to the highest standard, and we are pleased that Penspen can play its part in providing EPC services to the Haliba oil field," he added.
Penspen has been providing engineering, project management, asset management and integrity services to the oil and gas industry worldwide for 65 years.
Originally founded in the UK in 1954 as Spencer & Partners, the company has now grown to include over 1,000 engineers, with major offices in London, Bristol, Newcastle, Houston, Mexico, Abu Dhabi, and Bangkok.-TradeArabia News Service
