Russia’s Lukoil has awarded France’s Entrepose Contracting and the local Jurmat Group a $61m contract to construct oil storage tanks at Tuba as part of the West Qurna 2 project in Iraq.

The work will be carried out by two subsidiaries of the joint venture partners, Entrepose Projects and Rafidain Oil Service Company (Rosco), on a 60:40 split.

The scope includes the engineering, procurement and construction of three floating roof oil storage tanks with a capacity of 66,000 cubic metres.

Completion of the scheme will be October 2013.

MEED reported in March that Iraq’s Oil Ministry approved the sale of Norwegian oil firm Statoil’s stake in the West Qurna phase two oil field development to Lukoil, increasing the Russian company’s stake to 75 per cent.