Drake & Scull International (DSI) has been awarded, in collaboration with SICIM SpA of Italy, a US$358.8mn engineering, procurement and construction (EPC) contract for pipeline installation at the Zubair Oil Field in Iraq
The Zubair Oil Field is considered one of the largest in the world and is being developed by a consortium led by Italy-based Eni. DSI’s share of the EPC contract will be 50 per cent.
The project scope will include EPC services for oil and water flow lines, water trunklines, oil transfer pipelines, and connections to wellheads and degassing stations.
The deal represents DSI’s first project in
"Our work on the Zubair Oil Field marks an important milestone for DSI," said Khaldoun Tabari, chief executive officer of Drake & Scull International PJSC.
"The Iraqi construction market offers massive potential in areas such as oil and gas where there is a huge demand for EPC contractors.
"The country is also undertaking substantial developments to revolutionise its social infrastructure and as such we can expect demand for our type of services to extend to other key sectors such as healthcare, education, hospitality, housing, waste water and water treatment," he added.
