LONDON, April 28 (IranMania) - Norway's Aker Kvaerner announced Wednesday that it had won a "breakthrough" contract for the project management for South Pars phases 9 and 10.
"It is also a significant recognition of Aker Kvaerner's project execution skills," said the company, which has a history as a product and technology supplier in Iran, providing processing equipment, drilling equipment and well heads.
"This is a good project for Aker Kvaerner. Our track record on executing large projects and the teaming up with a competitive Iranian partner were important winning factors for the contract", its Executive Vice President Simen Lieungh said in a press release obtained by IRNA.
The four-year contract, which starts immediately, is estimated to be worth $25 mln out of the total development project for phases 9 and 10 at South Pars.
Aker Kvaerner, a leading global provider of engineering and construction services, technology products and integrated solutions, has partnered with local Tehran-based Hirbodan and said that it would assist the national operator Pars Oil and Gas Company (POGC).
The assignment will employ approximately 10 persons from Aker Kvaerner and 40 staff from Hirbodan, which was said to have a strong track record of management for several major projects.
The total development cost of $1.8 bln for the project is being executed by a consortium lead by GS E&C in Korea, teamed up with the Iranian Offshore Engineering and Construction Company and the Oil Industries Engineering & Construction Company.
The phases are to produce an output of 2 bln cubic feet gas per day from offshore platforms and transported via subsea pipelines to onshore gas treatment facilities. After treatment the gas will be sent to the domestic gas network, and extracted condensate exported.