Tuesday, May 25, 2010

IOEC handed major Indian oil project

IOEC handed major Indian oil project
Sat, 22 May 2010 10:13:27 GMT
General oil and gas contractor Iranian Offshore Engineering and Construction Company (IOEC) has won the tender for a major Indian off-shore oil project.

Ali Taheri, managing director of the company, said that the consortium of the Indian Essar Offshore Subsea Limited and the IOEC offered a quota of $235 million and managed to get the lowest tender for India's D-1 field development project.

The D-1 field is located about 200 km west of the Indian city of Mumbai in the deep continental shelf at a depth of 85 to 90 meters.

The project, which is scheduled to last for 12 months, includes the installation of three smart well platforms along with three rigid and a flexible pipelines as well as sub-sea cables.

Established in 1993, the IOEC is Iran's first offshore general contractor. It designs, supplies, constructs, and installs sub-sea pipelines along with fixed process platforms.

Source : IOEC handed major Indian oil project

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