Project
Description
Karachaganak is
located in the northwest region of
Kazakhstan and it is one of the world’s
largest oil and gas condensate fields.
Covering an area of over 280 square
kilometres, it holds more than 1,200
million tones of oil and condensate and
over 1.35 trillion cubic
metres of gas.
The expansion of the field has involved
an investment of over $ 4.3 billion and
it is currently the biggest
internationally funded project in
Kazakhstan.
The field development is being overseen
by four international partners – British
company BG Group and Eni of Italy, each
with a 32.5 percent
interest, Chevron of the USA with 20
percent, and LUKOIL of Russia with 15
per cent.
KPO will operate the Karachaganak
facilities through to 2038.
Profile Project
|
Client |
: |
Petrofac International Ltd. |
|
Value |
: |
US $ 2,000,000 |
|
Location |
: |
Kazakhstan |
|
Schedule |
: |
March'07 - August'07 |
|
Scope of Work |
: |
Engineering & Procurement Services |