Progress of Pipe-building Deal with Tubacex Satisfactory

Source: Shana 5/9/2018, Location: Asia

The CEO of the National Iranian Oil Company (NIOC) said the implementation of a contract with Spain’s Tubacex for providing CRA pipelines is “satisfactory”, adding removing production bottlenecks of the project is under way for technology transfer to Iran.

Following a meeting with the CEO of Tubacex on the sidelines of the Iran Oil and Gas Show in Tehran on Tuesday, Ali Kardor said that the Spanish company has so far delivered 50 kilometers of the pipeline to NIOC, adding the preliminaries of the transfer of the pipes’ construction technology to Isfahan Steel Company [Foolad Isfahan Company], Tubacex’s Iranian partner, are being prepared.

In May 2017, the National Iranian Oil Company (NIOC) signed Iran’s first oil contract of the post-sanctions era with an international consortium of Spain’s Tubacex and Iran’s Foolad Isfahan Company.

Based on the US$615 million deal, the Spanish-Iranian consortium will provide oil pipes for a network of 600 kilometers over three years.

The pipes will be produced using Japan’s JFE Steel Corporation technology, and the know-how will eventually be transferred to Iran.


Russia >>  6/16/2022 - Enel S.p.A. ("Enel") informs that the agreements related to the sale of its entire stake in the share capital of PJSC Enel Russia (“Enel Russia”) have...
South Korea >>  6/13/2022 - CGG announced that Sercel has sold a complete marine seismic acquisition system to HJ Shipbuilding & Construction, a South Korean shipbuilding leader....

Kazakhstan >>  6/7/2022 - Chevron Corporation (CVX), through its subsidiary Chevron Munaigas Inc. (Chevron), and JSC NC “KazMunayGas” (KMG) have announced a memorandum of under...
Russia >>  5/31/2022 - As of the end of the working day on May 30, Gazprom Export did not yet receive a payment from GasTerra B.V. for the gas supplied in April, which was t...

Russia >>  5/25/2022 - On 27 February 2022, Equinor decided to start the process of exiting the company’s Joint Ventures in Russia.

...


Related Categories: Anchors  CPVC Pipes  General  GRP Pipes  Hydraulic Hoses  Iron Pipes  Metallic Hoses  PE Pipes  Pigs  Pipe Cleaning Equipment  Pipe Drilling and Tapping  Pipe Inspection & Testing Equipment  Pipe Lining, coating & insulation  Pipe Locating Equipment  Pipe Repair  Pipe, Casing & Tubing  Pipeline Heating Equipment  Piping Accessories  Plastic Pipes  PP Pipes  PTFE Rods  PVC Pipes  PVDF Pipes  Rubber Hoses  Stainless Steel  Stainless Steel rods  Steel Pipes 

Related Articles: Anchors  General  Hydraulic Hoses  Metallic Hoses  Pigs  Pipe Cleaning Equipment  Pipe Drilling and Tapping  Pipe Inspection & Testing Equipment  Pipe Lining, coating & insulation  Pipe Locating Equipment  Pipe Repair  Pipe, Casing & Tubing  Pipeline Heating Equipment  Piping Accessories  PVC Pipes  Rubber Hoses  Stainless Steel  Stainless Steel rods  Steel Pipes 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.