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2016 Full Year Results

  • Results posted: May 12th, at Market open (before 9:00 am CET)
  • Webcast: May 12th 13:00 pm CET

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  1. Business Areas
  2. Oil & Gas
  3. Upstream & Natural Gas
  4. Oil & Gas Fields Development (Onshore/Offshore)

Oil & Gas Fields Development (Onshore/Offshore)

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TR's upstream division offers its clients its "know how" and experience, to perform all types of projects related to oil & gas surface installations, from wellheads, treatment facilities, gas fractionation, up to storage and shipping systems.

The vast experience acquired throughout the years in this activity, makes of TR a strategic asset, ensuring the client with a final product built for its purpose, in quality, schedule and cost. The proven experience through its references, gives TR the expertise to provide services in this field ranging from feasibility studies, basic engineering designs, up to turn key projects including operation & maintenance. TR has available the latest design and management tools required to optimize its services, for the benefit of our clients. .

Over the last years TR has intensified its presence in the Persian Gulf and Latin America; Geographical areas that do not only offer a great growth potential but also a promising future investment since development and renovation is under demand.

In 2007 TR reached an important milestone by entering the Middle East market after being awarded the complete Uitilites, Offsite and Interconnection package by the client Borouge, for the Borouge 2 Petrochemical Complex in Abu Dhabi. This led to TR opening a branch office in Abu Dhabi, which currently assists TR's new contract awards for the Shah Gas Field Development Project (for ADNOC) and Sahil and Shah Oil Field Development Project (for ADCO).

TR also continues expanding its activities in South America. In 2010 TR was awarded the CPF for Margarita Gas Development Project in Bolivia (YPF Bolivia S.A., Repsol, BG, Pan American Energy) for the construction of a Gas Processing Module, Central Processing Facilities (CPF) of 6.0MM m3/d and pre-investment, which will enable the installation of an additional 6.0MM m3/d gas processing module.

TR participated as an EPC contractor in consortium with JGC for the Ourhoud Oil Field Development project, located south of Anadarko’s field in Hassi Berkine. The field came on stream in December 2002 and has reached an aggregate output level of 20 million barrels to date.

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