News dalla rete ITA

14 Gennaio 2024

Kuwait

JEREH INTRODUCES OIL TO $426M PROJECT IN KUWAIT

State-owned upstream operator Kuwait Oil Company (KOC) and Chinese engineering contractor Jereh have introduced oil and gas to Jurassic Production Facility 5 (JPF-5).The introduction of oil and gas took place on 25 December 2023.The JPF-5 project is a key part of KOC’s strategy to boost production from Kuwait’s Jurassic oil and gas reservoirs.KOC awarded the main $426m contract for JPF-5 to Jereh in December 2021. Kuwait’s Spetco won a contract worth $398m for JPF-4 in the same month.The introduction of oil to JPF-5 came six days after oil was introduced to JPF-4 on 18 December 2023.JPF-4 is being developed close to the Sabriyah field in northern Kuwait. JPF-5 is less than 10 kilometres east of JPF-4.Both facilities will test, process, treat and handle wet and sour hydrocarbons well fluids from several oil and gas fields.These include Raudhatain, Sabriyah, Northwest Raudhatain, Umm Niqa, Dhabi, Bahr, Marratt and Najmah-Sarjelu, and other formations in the Jurassic fields.Both projects are onshore surface production facilities and are being implemented on a build, own and operate basis by a contractor.Spetco and Jereh will operate and maintain the facilities for five years. KOC has the option to extend the contract at a future date.The facilities are due to operate with the capacity to produce 50,000 barrels a day (b/d) of treated sweet crude – Jurassic light oil with American Petroleum Institute (API) gravity of 40-50 degrees – and 150 million cubic feet a day of sweet and dehydrated rich gas.They will include a produced-water treatment unit, sulphur recovery unit, associated utilities and supporting systems.The scheduled project time of 780 calendar days included 720 days for design and engineering, project management, supply and procurement, construction, testing and mechanical completion of each facility.Under the terms of the contracts, commissioning, stabilisation and successful performance testing of the facility should be completed within 60 calendar days of its mechanical completion.The state upstream operator previously awarded three other Jurassic production facilities contracts.Kuwait is tapping the Jurassic carbonate reservoirs in the north to meet soaring gas consumption.KOC started gas production from its Jurassic sour gas field in May 2008 by commissioning the upstream project known as Early Production Facility 50.The Jurassic reservoirs contain a variety of hydrocarbons, ranging from oil to gas condensate with sour gas. (ICE KUWAIT)


Fonte notizia: Jereh introduces oil to $426m project in Kuwait