China based oilfield equipment manufacturer Jereh Group has secured a $94.5m engineering, procurement and construction (EPC) contract for the Olkaria geothermal power plant in Kenya.
The Kenya Electricity Generating Company (KenGen), owner of the project, assigned a consortium to construct two sections of wellhead in the Olkaria geothermal power plant.
The consortium is led by the Jereh Group’s wholly-owned subsidiary Yantai Jereh Petroleum Equipment & Technologies and a local contractor of H-Young & Company.
Under the contract, the consortium will be responsible for the project design, procurement and construction. Industrial and Commercial Bank of China and Standard Bank of South Africa will provide the required funds for the project.
On completion of the project, the geothermal power plant is estimated to produce over 53.78MW of power, while its total installed capacity would be 61MW. The annual power generation potential will be 447GWh.
Jereh Group CEO Ian He said: “Leveraging the resources and capabilities of equipment manufacturing, technology services, turn-key engineering as well as investment and operation, we offer integrated solutions in a flexible, efficient way to help customers resolve the issues and challenges that they face.”
The Jereh Group specializes in drilling & completion equipment, nature gas treatment & processing, motors and equipment, wellhead equipment, environmental services, imported parts sales, oil & gas EPC services.
The group, which was established in 1999, has a workforce of over 10000 and its business also include soil remediation, oily waste management, municipal environmental management, mechanical cleaning of oil tank & sludge recovery.