CPC Awards Caspian Pipeline Contract To US-Italian Partners
The Caspian Pipeline Consortium (CPC) has awarded a contract to build thefirst phase of a 2,000-km. crude oil pipeline that will run between the BlackSea and Kazakhstan to a joint venture between Texas-based Willbros Engineeringand Construction and Italy's Saipem SpA. The contract should be signed by theend of the year, with construction beginning in early 1996. The first phaseshould be operational a...