Eni Iraq BV UAE company to be granted a secondary contract worth $ 61.5 million



Since 18/07/2016 19:24 pm (Baghdad time)

Baghdad balances News

Granted (ENI Iraq BV) Italy, on Monday, a secondary contract at the Zubair field worth $ 61.5 million to an Emirati company specialized integrated engineering designs for the projects of oil and gas systems.

The “I am Iraq BV” (ENI Iraq BV) Contractor president for “Zubair project” and one of the companies responsible for the construction and development operations, which include its side, each of the “Occidental Pvt Ltd” (Occidental of Iraq LLC) and “Kogas Iraq BV .In “(KOGAS Iraq BV), which currently is responsible for the redevelopment of” oil Zubair field. ”

And won the UAE company DSI (Drake & Scull International), specialized integrated engineering design, mechanical and electrical construction and infrastructure projects, oil and gas, which is based in the emirate of Dubai-based systems, to hold a secondary in favor of the company (ENI Iraq BV) Italian working in the Zubair oil field valued at $ 61.5 million, to create a water pump network in the Zubair oil field project system in Basra, which is supervised by the Italian company, according to the website (Trade Arabia) economic news topics.

Under the terms of the new contract, will (DSI) subsidiary company’s (DSI PJSC), the functions of supervising the work of “engineering, procurement and construction” of the system piping gas supply lines to the power station, as well as systems water pressure, which include water pipes and pipe flow and major assembly plants and acts of control valves in wells, in order to ensure enhanced oil extraction operations. And it began installing equipment operations and the transfer of manpower to the project site, to be completed in early 2018.

Commenting on the new contract, Wael Allan, Chief Operating Officer, said in (DSI) in a statement on the company’s website, “is to win the final contract is an important addition to the portfolio (DSI) of new projects, amounting currently 570 million dirhams, and that we managed to win despite the difficult economic conditions in the global markets.

“We are confident that our major business with margins and high profitability, especially oil and gas, railways, infrastructure, engineering, and will have a prominent role in driving sustainable growth march that we pursue in line with the ambitious strategy, which is aimed primarily at improving profitability levels and increased levels of liquidity “.

As general manager of the company said (DSI) for oil and gas Faris Khatib as saying that “winning a contract Zubair oil field is an important addition to the quality of the series of the company’s projects in the area, which falls within the framework of the secondary cooperation with the company (ENI Iraq BV) Italian.”

He said Khatib, “The contract is the second with the Italian company in the Zubair field after a decade in 2012 accomplished through a project to extend pipeline was completed in 2015 on time to him,” she returned to “experience the previous successful experience with the Italian oil company ENI in Zubair, It will represent a solid pillar for the completion of the new contract form in which it amounted to the highest levels and the deadline him with the beginning of the year 2018 “.anthy 29 / tc n




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