Awarded major contract for oil project

A consortium led by Blue Water Shipping has been awarded a contract with a value in excess of US$350 million by Tengizchevroil (TCO)

quote

We are honored and very delighted to have been awarded this contract for TCO

12 May 2016 13:40

For years, transport and logistics company Blue Water Shipping has managed and operated large and complex transport projects to the Caspian region. In a consortium led by Blue Water Shipping in partnership with Topaz Energy and Marine, Blue Water Shipping will deliver project management for overall transportation in the consortium, while Topaz Energy and Marine will supply and operate 15 specially designed vessels for an oil project in Kazakhstan for the Tengizchevroil  (TCO) joint venture.

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. The vessels are owned and operated by Topaz Energy and Marine and are to be built by the Vard Shipyard Group at their yards in Romania and Vietnam.

The scope for the vessels is to transport modules and cargo up to 1800 tons through the Russian river systems to the Tengiz oil field in Kazakhstan.

Tengizchevroil LLP is a Kazakhstani partnership that explores, develops, produces and markets crude oil, LPG, dry gas and sulfur. Current partners are: Chevron, 50 percent; KazMunaiGas NC JSC, 20 percent; ExxonMobil Kazakhstan Ventures Inc., 25 percent and LukArco, 5 percent.

"Transport and logistical projects of this type require considerable expertise, and more than 20 years of experience with complex logistics in the Caspian Sea region makes Blue Water Shipping a strong and reliable partner. We are honored and very delighted to have been awarded this contract for TCO. With Topaz Energy and Marine - a leading provider of offshore vessels - we have found a strong and trustworthy partner in executing this complex logistics project", states Kurt Skov, CEO and founder of Blue Water Shipping.

12 May 2016 13:40

Facts on TCO

Tengizchevroil LLP is a Kazakhstani partnership that explores, develops, produces and markets oil and gas

 

Current partners:

  • Chevron (50%)
  • ExxonMobil Kazakhstan Ventures Inc. (25%)
  • KazMunaiGas NC JSC (20%)
  • LukArco (5%)

For further information

Contact

Thomas Bek

Thomas Bek

Global Director

Energy & Projects

tbek@bws.net

+45 7913 4020

Thomas started his career at Blue Water in 1996. He has more than 20 years of international experience with large and complex transports within the Oil, Gas and Industrial Projects sector.