Iraq Business News: Alderley FZE Wins Major Contracts in Iraq

Iraq Business News
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Alderley FZE Wins Major Contracts in Iraq
Nov 1st 2012, 01:52

Alderley FZE, a subsidiary of Alderley plc, has recently secured contracts for two crude oil metering systems in Iraq.

The contracts for both projects were issued by Petrofac, the international oil and gas facilities service provider, for the new Early Production System (EPS) for the Majnoon field in southern Iraq and for the first phase of the Badra Oilfield Development Project.

The Alderley FZE scope of supply for the Shell Early Production Facilities Project – Majnoon is for the provision of a Crude Oil metering system comprising 2 x 50% 14" duty meter streams with 10" ultrasonic meters, master meter stream, fast loop sampling and Containerized Control room with the associated flow computing equipment. The operator Shell holds a 45% stake in all licences, while Petronas and Iraqi Ministry of Oil hold 30% and 25% of interest.

The Alderley FZE scope of supply, for Gazprom Neft (Gazprom) Badra Oilfield Development project, is to provide a Liquid Ultrasonic metering system comprising 3 x 50% Ultrasonic Meter runs, bi-directional prover and analyser system along with the associated control systems. The Badra Oilfield Development Project is being developed by Gazprom (30%), Korea's KOGAS (22.5%), Malaysia's Petronas (15%), Turkey's TPAO (7.5%), and Iraq (25%).

Eric Maddock, Group Business Development Manager, Alderley comments, "These two projects are the first projects Alderley have won in the country since sanctions were dropped. This puts us in the perfect place to participate in the development of the country and support Iraq's future needs in the oil and gas industry."

The systems are being designed and manufactured at Alderley FZE's facility in Jebel Ali, United Arab Emirates. Alderley FZE is part of the Alderley Group and is the firm's largest operating company overseas. Alderley FZE provides the full range of services for engineering, supply and operation of bespoke metering and produced water treatment solutions to the oil and gas industry.

(Source: Alderley)

(Picture: Alderley ultrasonic oil meter)

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