Daily Newsletter

11 March 2024

Daily Newsletter

11 March 2024

Petrofac secures Galkynysh field operations contract in Turkmenistan

The three-year contract is worth more than $200m (£155.78m).

Archana Rani March 11 2024

Petrofac has secured an operations contract from Turkmenistan's state-owned company Turkemengas for the Galkynysh gas field.

Under the contract, Petrofac will be responsible for providing personnel to supervise and support operations and maintenance activity. It will also deliver technical support and procurement services.

The three-year contract is worth more than $200m.

Petrofac will also undertake development and implementation of management systems to support efficient operations of the Galkynysh gas field's central processing facilities 1 and 1A.

This new agreement extends Petrofac's involvement with the Galkynysh Gas Field, following the successful delivery of the engineering, procurement, construction and commissioning (EPCC) project by its Engineering & Construction business unit.

The original EPCC contract for the development of the gas field, which ranks as the second-largest in the world, was awarded in 2009 and completed in 2013.

The Galkynysh Gas Field, located near Yoloten in Mary Province, Turkmenistan, is said to be a critical asset for the country's economy and energy supply.

The central processing facilities each have an annual capacity of ten billion cubic metres (bcm), collectively contributing 20bcm each year to the export pipeline.

Petrofac asset solutions business chief operating officer Nick Shorten said: “Petrofac has a proud history of working with Turkemengas. The expansion of our relationship is testament to our track record of delivering value to customers’ operations. Securing this contract further demonstrates our strategy to expand Asset Solutions’ geographic reach.

“We look forward to continued collaboration with Turkemengas, enhancing safe and reliable operations.”

Last year, ARY News reported that Pakistan signed a joint implementation plan with Turkmenistan to execute the planned Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project.

The TAPI project aims to transport gas produced from the Galkynysh gas field to Afghanistan, Pakistan and India.

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