Source Pravda.Ru

Russian company secures order from Sakhalin-2

A Russian contractor has secured a large order from the companies involved in the Sakhalin-2 oil and gas project.

Sakhalin Energy, the project operator, said Friday that the Russian-based company of Tekhnostroieksport would be involved in construction of a coastal technological centre slated for the second phase of the project.

Sakhalin Energy has signed a $250-million contract with the BETS joint venture, which apart from Tekhnostroieksport, involves the US Becktel and Turkish ENKA companies. The Russian contractor will get $150 million of the contract total amount.

"The contract for construction of the coastal technological centre is yet another step towards boosting Russian companies' involvement in Sakhalin-2. Russian companies have already secured Sakhalin-2 contracts totalling close on $2 billion. We expect the project's second phase to bring forth construction contracts worth about $4.5 billion," said Sakhalin Energy.

The development of the Piltun-Astokh offshore oil field marked the launch of the project in 1999. The second stage envisages the mounting of another platform on the same field and further development of the Lunsk field. The latter started to be developed in May 2003.

The project will cost an estimated $10 billion.

© &to=http://www.rian.ru' target=_blank>RIAN

Comments
Russia strongly opposed to reinstating death penalty
Russia's new torpedo carrying 100-megaton nuclear warhead nullifies USA's Prompt Global Strike
Can Russia perform under Soviet flag during 2018 Winter Olympics?
What lies beneath Iran protests
Report about USSR's unique lunar mission declassified
US diplomat makes fool of himself in the Netherlands
Report about USSR's unique lunar mission declassified
German experts name Russia's most dangerous weapon
German experts name Russia's most dangerous weapon
Russian poultry stuffed with antibiotics and dangerous bacteria
Keys to understanding the world from Feminism - Science and Feminism
Sheep disrupt the work of US missile defences in Romania
The Large Families that rule the world
Russians name their biggest sexual taboos
Russia's new torpedo carrying 100-megaton nuclear warhead nullifies USA's Prompt Global Strike
Ukraine suspicious about Russia's intention to give away rusty ships to Kiev
Keys to understanding the world from Feminism - Science and Feminism
You're invited to death penalty: Barbaric traditions of world's most progressive states
Russia's new torpedo carrying 100-megaton nuclear warhead nullifies USA's Prompt Global Strike
Russia's new torpedo carrying 100-megaton nuclear warhead nullifies USA's Prompt Global Strike
Russian poultry stuffed with antibiotics and dangerous bacteria