VOL. XLII

No. 12

22-March-1999

FSU

CPC Awards Novorossysk Terminal Contract To France痴Bouygues Offshore

The Caspian Pipeline Consortium (CPC) on 15 March awarded acontract worth $360mn to Bouygues Offshore and its parent company Bouygues ofFrance for the construction of an oil terminal at the Black Sea port ofNovorossysk. The terminal will be the point of export for Kazakstan痴 Tengizcrude oil. The contract includes engineering design services, procurement, sitepreparation, and construction and...