*** ----> New Phase of Energy | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

New Phase of Energy

In an exclusive tete-a-tete with DT News, Minister of Energy, Dr Mirza reveals about the major

contract inked with Petrofac

Manama

    The Kingdom made huge march in its efforts to modernise, expand and boost its petroleum sector

when it recently awarded a major contract to Britain’s Petrofac.

    Petrofac – the leading provider of oilfield services to the international oil and gas industry – signed the

contract worth a whopping US$ 100 million with Tatweer Petroleum recently.

   “We signed the deal about two weeks back. The contract is worth US$ 100 million,” Dr Abdul

Hussain bin Ali Mirza, Minister of Energy, in an exclusive interview to the DT News.

     Dr Mirza is also the chairman of Tatweer Petroleum whose primary goal is to increase

production of oil and availability of gas to meet the Kingdom’s future energy demands.

     Petrofac by virtue of this contract would build a gas dehydration facility for Tatweer, Dr.Mirza said.

Interestingly, this project is the first among those planned by Tatweer.

     The upcoming project, once it goes operational, Dr Mirza said, would undoubtedly add to the existing

capacity of Tatweer’s gas facility to meet rising domestic demand.

 

      To be precise, it would enhance the capacity of Tatweer’s gas facility to the tune of 500 million

standard cubic feet per day (scfd). “This helps us in achieving out Economic Vision 2030,” Dr. Mirza

said.

      According to him, project would help boost capacity over the next few years.  “It will also

allow for future centralised compression which is not possible with the current set up,” Dr. Mirza

said.

      The project, according to him, will allow to centrally desulfarise NAG conveniently. The other

benefit is, it would reduce the risk of having distributed small GDUs over different locations.

      Dr. Mirza said, the project would be completed in a little over two years.  Interestingly, Tatweer had

put up a sterling performance last year when it increased production by drilling an additional 132

new oil wells.