Recon will be liable for the engineering, design services, and technical support to the procurement, construction, commissioning activities.
China’s oil and gas field service company Recon Technology has secured a $2.8million engineering and construction service subcontract for a bulk oil transportation system in Garraf oilfield.
The subcontract was assigned by engineering, procurement and commissioning services provider, Grand Energy Development.
Under the contract, Recon will be liable for the engineering design services, and technical support to the procurement, construction, commissioning activities.
The company will also supply the training services of the heavy oil transportation system project.
Located in the region of Thi Qar, Iraq, around 5km north-west of Al-Refaei city and 85km north of Nasiriya city, the Garraf oilfield is 17.5km long and 5.5km wide.
Garraf oilfield have estimated to store 1.3 billion barrels of oil reserves
Recon co-founder and CEO Shenping Yin said: “With advanced technique and wide intelligence in the automation and digitalization of oil and gas industry, Recon has a comparatively competitive benefit in the engineering design and construction businesses in the oilfield segment.
“With the successful completion of the project, we hope to construct more oilfield projects and hope to help more oilfields detract costs and maintain yields at a healthy level in the near future.”
Garraf oilfield is estimated to hold 1.3 billion barrels of oil stores.
The oilfield is undergoing further development in stages, based on the Final Development Plan approved by the Government of Iraq in 2018.
It is estimated to obtain crude oil production of approximately 230,000 barrels per day by the end of the year.
A heavy oil pipeline with a total planned capacity of 275,000 barrels per day will be constructed to support the Garraf production goal.
Recon in busy in supplying China’s largest oil exploration companies with advanced automated technologies, gathering and transportation equipment, and reservoir excitement measures.
The measures are planned for increasing petroleum extraction levels, reducing impurities, and lowering production costs.