A consortium led by shipping and project cargo company Blue Water has been awarded a US$350 million contract to deliver project management and transportation for Tengizchevroil in Kazakhstan.
The deal will involve transportation of transport modules and cargo weighing up to 1,800 tons through the Russian river systems to the Tengiz oil field in Kazakhstan.
“Blue Water Shipping’s track record for handling projects to the Caspian Region has been vital for securing the contract, and Blue Water Shipping will among other things be responsible for project management of the 15 MCVs (Module Carrying Vessels) during the TCO project,” a spokesperson for Blue Water said.
The vessels are owned and operated by UAE offshore specialist Topaz Energy and Marine, and will be built by the Vard Shipyard Group in Romania and Vietnam.
Tengizchevroil is a Kazakhstani partnership that includes Chevron, KazMunaiGas NC JSC, ExxonMobil Kazakhstan Ventures and LukArco.
Photo: Blue Water will transport 1,800 tons of cargo. Credit: Blue Water