Projects

We develop our projects technically and commercially.

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Projects

We handle implementation, commissioning and training

Home / Projects

Projects

We develop our projects technically and commercially.

Home / Projects

Projects

We handle implementation, commissioning and training

Home / Projects

Projects

We develop our projects technically and commercially.

Home / Projects

Projects

We handle implementation, commissioning and training

Home / Projects

Projects

We develop our projects technically and commercially.

Home / Projects

Midstream Gas Project - Foto
Midstream Gas Project

Country: Morocco

Sector: Energy

Final client : Sound Energy Morocco

Finish date: 03/07/2022


Fomento and its Joint Venture partners (Enagas and Elecnor) were selected to be part of a competitive selection process for the construction, ownership and operation ("BOOT") of a centralized processing center and the construction of a gas pipeline in the Tendrara basin to connect it to the gas pipeline located in the eastern Mediterranean.

The Midstream project will include:

  • CPF consisting of various equipment, a gathering system, a treatment plant and a compressor station.
  • A 20-inch, 120 km pipeline running through areas with low population density.
  • GME's operator, EMPL, is responsible for the technical design and construction of the connection to the GME pipeline.
  • The EPC and O&M roles will be assumed by the JV Consortium, which is a leading international player in this sector.

BOOT - Key terms of the contract

  • The Production Joint Venture partners are jointly and severally liable for all obligations under the BOOT agreements.
  • Duration of 15 years in line with GSA.
  • The fee will be set based on the IRR of the agreed equity and adjustable for inflation.
  • Commitment to ship or pay (price to be paid if Midstream project is available).
  • A payment security mechanism (PSM) will collect revenues from gas sales into a trust account.
Supply of Steel Bridge Parts - Foto

Monday, march 10, 2014

Supply of Steel Bridge Parts

Strategic plan for replacement of wooden bridges into steel and mixed bridge ...

Rehabilitation and Equipping of the Kenyatta National Hospital - Foto

Friday, april 30, 2010

Rehabilitation and Equipping of the Kenyatta National Hospital

Turnkey project for the rehabilitation and equipping of the Kenyatta National Hospital...

Supply and Installation of Traffic Control System   - Foto

Wednesday, june 6, 2012

Supply and Installation of Traffic Control System

Supply and modernize the Traffic Control System for the city of Beirut...