October 2007

Trends and Resources

HP Construction: Middle East

  Aker Kvaerner has a contract with Gemsa Petroleum Co. for operation, management and maintenance of the Al Zaafarana FPSO located offshore Egypt in the Red Sea. The contract value is NOK 200 mil..

Thinnes, Billy, Hydrocarbon Processing Staff

  Aker Kvaerner has a contract with Gemsa Petroleum Co. for operation, management and maintenance of the Al Zaafarana FPSO located offshore Egypt in the Red Sea. The contract value is NOK 200 million for a five-year contract period effective from September 1, 2007. Options for contract extensions are included in the contract.   Foster Wheeler Energy Ltd. and Foster Wheeler Arabia Ltd. have a front-end engineering design and program management services contract with Saudi Aramco for the Karan onshore gas processing facilities at Khursaniyah, Saudi Arabia. The onshore gas processing facilities will process 1 billion standard cfd of gas from the Karan offshore gas field, which i

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