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Fluor bags contract for Caspian Pipeline Expansion in Kazakhstan & Russia
18 August 2011: Fluor Corporation has been awarded a contract by Chevron Neftegaz, one of three project managers engaged by the Caspian Pipeline Consortium. The company will provide project services for the marine terminal and supervisory control and data system (SCADA) portions of the Caspian Pipeline Expansion project. The pipeline begins in western Kazakhstan and runs 1,510 km west to the terminal in Novorossiysk, Russia, on the Black Sea. Fluor booked $100 million (approx Rs 450 crore) into backlog in the second quarter.
As the project services contractor, Fluor is providing oversight assistance for the deepwater marine terminal expansion in Novorossiysk as well as the SCADA system for the entire pipeline. The project is scheduled to be completed at the end of 2014. Fluor completed the first phase of this pipeline project with the first crude oil loaded onto a tanker at the marine terminal in October 2001.
Source: Your industry News