Kazakhstan Chamber of Commerce in the USA

KazCham


Blue Water Shipping-led JV secures $350-million deal from Tengizchevroil

Posted on May 18, 2016 by KazCham

The steamship agency Blue Water Shipping reported on Wednesday that a consortium led by the company has been awarded a $350 million contract by Kazakhstan’s Tengizchevroil (TCO), signing a contract to build and operate 15 specially designed vessels for an oil project in Kazakhstan.

Blue Water Shipping’s track record for handling projects in the Caspian Region was a key aspect in their securing the contract. Among other things, the company will be responsible for the project management of the project’s 15 MCVs (Module Carrying Vessels), which are to be built by Vard Shipyard Group and operated by Topaz Energy and Marine.

The vessels are due to transport up to 1,800 tonnes of modules and cargo through the Russian river systems to the Tengiz oil field in Kazakhstan.

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