Download PDF - Petrofac
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Appendix 1: <strong>Petrofac</strong>’s positioning, examples<br />
Sonatrach, Algeria<br />
Ohanet is a large gas field development located in<br />
Illizi province<br />
Risk Services Contract (RSC) with Sonatrach; partners<br />
are BHP Billiton (Operator), Japan Ohanet Oil & Gas<br />
Co and Woodside Energy<br />
Average daily production is approximately 14.6 million<br />
m 3 /d gas, 24,240 bpd condensate, 2,770 tonnes per<br />
day LPG<br />
<strong>Petrofac</strong> investment US$100 million; US$1 billion total<br />
project value<br />
Pioneered the partnership business model<br />
First time non-recourse financing used in Algeria<br />
20
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