He Oldelval Duplicate Projectthe country’s most important infrastructure project for the transportation of crude oil, is moving forward at a steady pace. According to the company, the expansion of the oil pipeline that connects the Neuquén Basin with the Atlantic Ocean has already reached 70% progress.
With the launch of the Project DuplicateArgentina will be able to boost oil exports from the Neuquén basin and ensure sustained growth in the region, provide foresight to producing companies, and generate significant revenue for the country, the firm stressed. The project foresees a total investment of US$1.2 billion.
The main objective is to increase crude oil transportation capacity, bringing the current 36,000 cubic metres per day to 86,000 cubic metres per day, that is, an increase of 50,000 cubic metres per day. “This increase in capacity will allow the export of up to 310,000 barrels of oil per day, which will represent annual revenues of close to 8 billion dollars,” said Oldelval.
The project includes the expansion of 525 kilometers of pipeline, with the installation of 455 kilometers of new 24-inch pipes from the Allen Pumping Stationin Rio Negro, until Puerto Rosaleson the outskirts of the city of Bahía Blanca, in the province of Buenos Aires.
It also includes the replacement of 70 kilometers of 30-inch pipeline in the Bahía area and the repowering of four pumping stations.
What is the progress of the works on the Oldelval Duplication Project?
Oldelval On August 8, the company celebrated an important milestone with the completion of the welding phase of the new pipeline. This phase, which marked significant progress in the work,the total connection of the 525 kilometers of the pipeline was completed.
This stage involved the execution of more than 3,200,000 inches of welding, with an average of 60 welders working for 400 days, and a cumulative total of 192,000 hours dedicated to welding.
Following this achievement, construction work is moving into a new phase that includes the assembly of valves, the execution of special crossings and hydraulic testing, meeting the established deadlines.
With 70% of the work already completed, Oldelval is on track to achieve the stated objectives: the increase in transport capacity by around 50,000 barrels per day by December 2024 and the start-up of the project in the first months of 2025.
“With Duplicar fully operational, Argentina will be able to export more oil, which will contribute to economic development and the generation of foreign currency,” the company said in a press release.
What is the impact of the Duplicar Project?
The progress of the Duplicar Project not only has a significant impact on the energy sector, but also on the local communities through which the pipeline runs.. The 525-kilometre project, which involved more than 2,300 workers and 619 drivers, generated a significant boost in local economies.
The constant movement of people and equipment has led to the emergence of new businesses and services, such as shops, accommodation and suppliers of supplies, which take advantage of the flow of work to generate income and business opportunities.
Duplicate Oldeval Project
The towns near the project site have experienced an increase in activity driven by the presence of Oldelval and its contractors, who have boosted the local economy by hiring labor and increasing demand for services. “This multiplier effect has benefited multiple sectors, consolidating Duplicar as a transformative project not only for the energy industry, but also for the communities that form part of its route.”they said.
At the sector level, the hydrocarbon industry and developments in Dead Cow will also benefit from the Duplicar Project. With its launch next year, producing companies will have greater predictability for their investments and will be able to export a greater volume of their production to international markets.
Source: Ambito
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