Rashpetco hitting a new era of production

Rashid Petroleum Company (Rashpetco) prepares for carrying out the "Hot Tap" operation, which is a unique operation that is considered to be the first of its kind to be accomplished in Egypt with Technip, the multinational company.

Technip, the provider of construction services for the oil and gas industry, will establish a 36 inch production line to connect the production facilities under water by welding the line with all the other lines without shutting down the production, which acquires a very complicated brand new technology.

Eng. Taher Abdu Al Rihim, Operation Manager in Rashpetco, told Egypt Oil & Gas newspaper (EOG) in exclusive statements that in the current period more tests are done, especially after the success of the first part of the tests in Aberdeen’s lab.

Al Rihim spotted out that the project will start initiating in the prime of September and ends by November.

Al Rihim also told EOG that the total investment of the new production line will cost nearly $225 million, adding that his company is aiming to keep its production rate steady from its acquisition area in West Delta, which is currently 2000 million cubic feet of gas per day.

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