Sharjah National Oil Corporation awards the UAE’s second gas storage project – ZAWYA

  • Date: 24-Mar-2020
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:UAE
  • Who else needs to know?

Sharjah National Oil Corporation awards the UAE’s second gas storage project – ZAWYA

Sharjah National Oil Corporation (SNOC) announced on Wednesday that it has awarded a $40-million contract for the Moveyeid Gas Storage Surface Facility Project to Petrofac Facilities Management International.. Additional project scope also includes drilling horizontal legs in existing wells, and potentially drilling new wells in 2023.. The statement said a gas storage pilot test has been in progress since 2017 with the purpose to prove the concept of the project and to optimise the final project design.. SNOC will also continue to evaluate the need for expanding the storage and delivery capacity of the project beyond 2023, the statement added.. The historic chronic shortage of gas to provide the cushion gas prevented the project from becoming a reality at that time, he noted..