STX Heavy Won $449M Pipeline Construction Deal in Iraq

Source: www.gulfoilandgas.com 1/6/2014, Location: Middle East

STX Heavy Industries won an order to build 550-km long pipelines at the Akkas Gas Field in Iraq. The order, worth $449 million, was commissioned by Kogas Akkas B.V., a project unit of Korea Gas Corp. which is engaged in the gas field business there.

STX Heavy Industries will carry out this project on a turnkey basis ranging from engineering to procurement of materials and construction. The project is slated to be completed by June 2017.

The Akkas Gas Field is located in the western desert of Anbar in Iraq border with Syria. The gas reserve there is estimated at 590 million barrels. Prior to this order, STX Heavy Industries won a $ 39.3 million worth desulfurization plant order from Iraq Khabat region.

For more information about related Opportunities and Key Players visit Iraq Oil and Gas Projects


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Related Categories: Civil Works  Civil Works - Finishing works  Construction Contractors  Electrical Works  Engineering Procurement and Construction (EPC)  Engineering Procurement and Construction Management (EPCM)  General  Mechanical Works  Pipe Lines Installations  Steel Works 

Related Articles: Civil Works  Civil Works - Finishing works  Construction Contractors  Electrical Works  Engineering Procurement and Construction (EPC)  Engineering Procurement and Construction Management (EPCM)  General  Mechanical Works  Pipe Lines Installations  Steel Works 


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