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DDIT turbine contract gets ECGD backing

The UK's Export Credits Guarantee Department (ECGD) has announced it will back a $25 million contract awarded to the UK's Demag Delaval Industrial Turbomachinery (DDIT)- the former Alstomindustrial turbine business - to supply 15 gas turbine units for the second phase of the OZ2 pipeline project. The subcontract, which DDIT won last year, is part of the project to build six pumping stations on the pipeline, aimed at transporting oil between the Haoud el-Hamra fields and ...

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