May 24 2010 |
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IOEC Gets Indian Oil Project
General oil and gas contractor Iranian Offshore Engineering and Construction Company (IOEC) has won the tender for a major Indian off-shore oil project.Ali Taheri, managing director of the company, said the consortium of the Indian Essar Offshore Subsea Limited and the IOEC offered a quota of $235 million and managed to get the lowest tender for India's D-1 field development project, Presstv wrote.
The D-1 field is located about 200 kilometers west of the Indian city of Mumbai in the deep continental shelf at a depth of 85 to 90 meters.
The project, which is scheduled to last for 12 months, includes the installation of three smart well platforms along with three rigid and a flexible pipelines as well as sub-sea cables.
Established in 1993, the IOEC is Iran's first offshore general contractor. It designs, supplies, constructs, and installs sub-sea pipelines along with fixed process platforms.
IOEC has successfully expanded its offshore services providing projects with full marine fleet supports for pipe-laying, installation, hook-up and commissioning.
The company is planning to extend its oil, gas and petrochemical activities to onshore and offshore, upstream as well as downstream activities and operations.
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