IPIC awards $460 million contracts for pipe

abarrelfullabarrelfull wrote on 21 Nov 2011 13:21

International Petroleum Investment Company (IPIC) has awarded contracts for the supply of pipes for the Abu Dhabi Crude Oil Pipeline (ADCOP) Project to Sumitomo Corporation of Japan, Salzgitter Mannesmann International of Germany and Jindal of India.

A total of around 225,000 tonnes of coated steel pipe is to be procured at a cost approximately $460 million. First delivery of the pipe is expected in July 2008.

The ADCOP project will comprise a 48-inch diameter pipeline and associated facilities for carrying 1.5 million bpd of crude oil from Habshan in Abu Dhabi to an export terminal in Fujairah. It is being implemented on a fast track basis, and placing of the order for pipe is the first step in the early procurement programme for the long lead items for the project.

Front end engineering design is now progress by WorleyParsons, and ILF Consulting Engineers is acting as the Project Management Consultant for the project. China Petroleum Engineering & Construction Corporation is the nominated EPC contractor, subject to IPIC reaching an agreement on the scope, terms and conditions and lump-sum fixed price for the EPC work.

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