VOL. XLIII

No. 15

10-April-2000

IRAN

Norways Kvaerner Wins South Pars Phase 1 Project Management Services Contract

Oslo-based engineering contractor Kvaerner has been awarded a $20mn contract by NIOC subsidiary Pars Oil and Gas Company, the operator of the South Pars Phase 1 development, to provide project management services to Petropars Ltd. The award follows the admission that South Pars Phase 1 is running 20% behind schedule (MEES, 17 January).

Kvaerner said an integrated team from its company...