Amiantit wins new pipe system contracts
AMIANTIT group of companies has won a number of contracts in different parts of the world.
“These contracts emphasise on Amiantit’s leading role in manufacturing and supplying various ranges of pipe systems wherever and whenever needed,” said CEO and MD Fareed Alkhalawi commented.
He said Amitech-Spain won a contract of $16,800,000 for supplying GRP pipes for a huge irrigation project in Saragossa region in Spain.
In another deal, Amitech Mexico managed to secure a contract for $2,133,000 for the supply of 14 km of GRP to the project "ACUASUR" in Querétaro de Arteaga city, Mexico.
Another contract worth of $3,000,000 was secured for the sale of ductile iron pipes used in rehabilitation of water systems in the city of Damanhoor, Egypt.
There were also two contracts that amount to $ 1,550,000 for the sale of high density polyethylene pipe systems in Saudi Arabia and Lebanon.
Foster Wheeler in petrochemical project
HAMILTON, Bermuda: Foster Wheeler said its Italian subsidiary Foster Wheeler Italiana had been awarded a contract by KazMunaiGas Exploration and Production (KMG EP) for a detailed feasibility study for a new petrochemical complex and related facilities to be built in several locations in Western Kazakhstan.
KMG EP is the state-owned oil and gas company of Kazakhstan.
The terms of the award of the study, which will be included in Foster Wheeler's fourth-quarter 2005 bookings, were not disclosed.
The proposed facilities, for which the expected final total investment cost is in excess of $4 billion, would be built in two phases. Phase 1 would include a gas separation unit to be built near the town of Kulsary to treat dry gas from the Tenghiz field and separate ethane and propane, and a petrochemical complex to be built near the city of Atyrau to process the ethane and propane and produce polyethylene and polypropylene.
Phase 2 would include an additional gas separation unit to be built in Karabatan to treat dry gas from the Kashagan field and expansion of a petrochemical complex.
Statoil awards key deals to Aker Kvaerner
LONDON: Statoil has awarded Aker Kvaerner two framework agreements for their Mongstad refinery in Norway.
One contracts covers inspection services, the other covers modifications. The agreements will run for three years. They also include options for prolongation up to six years. The value of the agreements, including the options for prolongation, is estimated to NOK420 million.
Aker Kvaerner Offshore Partner will be Statoil’s contract partner for the two framework agreements, and the company’s Bergen department at Sandsli will do the practical follow-up work.
