Article: OMAN: CONSTRUCTION CONTRACT AWARDS FOR PLANNED $305,000,000 GAS PIPELINE PROJECTS, DODSAL [INDIA], SAIPEM & SNAMPROGETTI (SNAM) [ITALY] - order #: 047000.

PROJECT OVERVIEW:

The local TENDER BOARD recently approved 2 major contracts valued at $305,000,000 for the construction of new gas pipelines in Oman. As a result, OMAN GAS CO. (OCG) is expected to formally award the engineering, procurement and construction (EPC) contracts some time around mid-April 2000.

One award was let to India-based DODSAL. This contract calls for the installation of a 700 km-long line between Saih Nihayda and Salahah. The cost to complete the project has been pegged at $181,000,000.

The other contract was awarded to an Italian/Greek joint venture that teams-up SAIPEM and SNAMPROGETTI (SNAM) of Italy in conjunction ...

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