Blue Water Shipping awarded another major contract in Kazakhstan
Blue Water Shipping has in a consortium secured yet another contract with TCO in Kazakhstan to supply transport and logistics services. The track record of Blue Water Shipping for handling projects to the Caspian Region has been vital for securing the contract, the company said in its press release.
The consortium, led by Blue Water Shipping in partnership with Kazmortransflot (KMTF), will be overall responsible for transporting 75 modules and cargo weighing up to 1600 tons on the Caspian Sea from Kuryk to the port of Prorva close to the Tengiz oil field in Kazakhstan. Blue Water Shipping will, in the consortium, be responsible for transportation and project management, while KMTF will supply and operate three specially designed MCVs (Module Carrying Vessels).
The new vessels have a length of 113 metres and a width of 21 metres and are to be built by Vard at their yard in Romania. They will be owned and operated by KMTF, who has subcontracted with Topaz Energy and Marine for technical management. KMTF is a shipping company which main activity is to develop the national merchant marine fleet of the Republic of Kazakhstan in the Caspian Sea and open seas. Main activities include oil cargo transportation.
The contract is connected with the next expansion of the Tengiz oil field in Western Kazakhstan.
Earlier this year, Blue Water Shipping announced another major contract, in connection with the TCO FGP-WPMP project, with a value of US$350 million. Here, Blue Water Shipping is leading a consortium with Topaz Marine and Energy which will supply 15 specially designed MCVs for the transportation of Modules through the Russian river systems to the Port of Prorva. Blue Water Shipping is also here overall responsible for the project management.
Tengizchevroil LLP is a Kazakhstani partnership exploring, developing, producing and marketing crude oil, LPG, dry gas and sulfur. Current partners are: Chevron Overseas Company, 50 percent; KazMunayGas NC JSC, 20 percent; ExxonMobil Kazakhstan Ventures Inc., 25 percent and LUKARCO B.V., 5 percent.
"Executing transport and logistical projects like this requires comprehensive expertise. During the past 20 years, Blue Water has developed a strong set-up when it comes to complex logistics in the Caspian Sea region. We are honored that TCO has awarded us a second major contract this year. We are looking forward to this project, and we see KMTF as a good partner in this project based on their expertise and track record," states Kurt Skov, CEO and Founder of Blue Water Shipping.
"We see these two contracts as very important milestones in Blue Water's continuous development as a specialist in project transport and logistics globally - and of course especially in the Caspian Region."
