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    Oilfield in Algeria, third contract

    Schneider Electric was awarded the contract for the supply of electrical equipment for the new "Rhourde Oulad Djemma" oilfield.
    This project, valued at more than USD 250 million, should allow for production of more than 80,000 oil barrels per day, starting in 2004. This oilfield will be operated by a AGIP, Sonatrach and BPH Biliton consortium.
    The Hassi Berkine basin in Algeria continues its growth with the development of a new Rhourde Oulad Djemma oilfield. The EPC contract was awarded to Saipem and Bouygues Offshore at the beginning of 2002.

    Schneider Electric, through its Oil and Gas team in the Contracts and Engineering Division, showed its interest and capabilities in providing the electrical distribution equipment during several technical seminars organized at Bouygues Offshore.
    An offer for all electrical equipment supplies was made in July 2002.
    A contract (2 millions Euros) was finally signed in December 2002, following a long series of negotiations, due to the customer's specific technical requirements and strong competition from the main players in the sector.

    The contract includes the supply of the following:
    > Two 20 MVA immersed transformers from France Transfo;
    > A 60 kV PS100 substation and its SeeFox monitoring and control system;
    > Thirty MCset cells for the 5.5kV substations.

    Completion time is scheduled for the end of June 2003.
    This contract is the third success of Schneider Electric in the Hassi Berkine Basin