Arabian Bemco has signed a contract for PP9 Extension Block-F on 17th January 2007 for the contract value

Arabian Bemco has signed a contract for PP9 Extension Block-F on 17th January 2007 for the contract value

of US$ 653 Million consisting of 12 General Electric Frame 7EA Gas Turbines receiving all crude oil to release approximately 660 MW of Power output, including Balance of Plant all Civil, Mechanical and Electrical works associated with the Block plus a tank farm consisting of 8 x 50,000 m3 Crude Oil Storage tanks. The project is to be completed on fast-track basis with a total of 17 months.