📋 Tender Overview
Scope :
Development of Zarzaitine oilfield near the border with Libya. The 25-year PSC will eventually enable Sinopec and Sonatrach to recover 95 million barrels of oil from the mature field, located in the Illizi basin.
The two companies will fit a natural gas lift unit to the existing facilities, drill 12 wells, work over six wells, tie in new development wells and recover flared gas to lower carbon emissions.
Sinopec signed up to work on Zarzaitine in 2003 under an agreement with Sonatrach to increase oil recovery at the field from 28,000 barrels per day to 50,000 bpd.
