Norway's Aker Kvaerner has won the project management contract worth approximately US$ 25 million for Iran's South Pars phases 9 and 10. This represents a breakthrough for Aker Kvaerner's engineering and management services in the Islamic Republic. The work starts immediately and will last for approximately 4 years.
Aker Kvaerner will assist the national operator Pars Oil and Gas Company (POGC) in managing the US$ 1.8 billion total contract (EPC) for the development project comprising phases 9 and 10 of the South Pars gas field located offshore Iran in the Persian Gulf. Aker Kvaerner has partnered up with the Teheran based, private engineering company Hirbodan for the contract. Hirbodan has strong track record of management for several major projects. The assignment will employ approximately 10 persons from Aker Kvaerner and 40 persons from Hirbodan.
"This is a good project for Aker Kvaerner. Our track record on executing large projects and the teaming up with a competitive Iranian partner were important winning factors for the contract", said Aker Kvaerner's Executive Vice President Mr. Simen Lieungh.
