VOL. XXXIV

NO. 4

29-OCTOBER-1990

Iran

Saipem Subcontracted for Arak Refinery Projects

Italy's Saipem announced on 10 October that it will carry out a number ofprojects worth IL 165bn ($145mn) at the Arak refinery in Iran's central Markaziprovince. The work was subcontracted by Japan's JGC Corporation and Italy'sTechnologie Progetti Lavori (TPL), the consortium which was awarded the $1.8bncontract to build the 150,000 b/d refinery by the National Iranian Oil Company (NIOC)in April 1989 (MEES, 8 May...