Allseas takes on Sadra South Pars work

10 September 2004
Switzerland-based Allseas Grouphas negotiated an estimated $100 million contract with Norway's Statoilto lay two 32-inch-diameter pipelines for the South Pars phases 6-8 project. The work was originally to have been carried out by Iran Marine Industries Company (Sadra), a member of the project consortium (MEED 1:11:02).

Statoil has been in negotiations with several alternative contractors for some months after it became clear that Sadra would be unable to fulfil the proposed scope of works. The local company will still install the three topsides and one other pipeline and will coat all three lines. The government earlier this year divested its holding in the company through the Tehran Stock Exchange.

Situated next to South Pars phase 1, which came fully on stream in July, phases 6-8 are running slightly behind schedule both on and offshore, although project officials say they see no reason why the project will not be completed on time. The consortium carrying out the offshore work is Statoil, Sadra and Petropars, an affiliate of National Iranian Oil Company (NIOC).

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