Dutch maritime services provider Boskalis has been awarded a $416.9mn contract by Iraq to build the long-delayed Sealine-3 (SL-3) offshore pipeline. The project is essential for boosting Iraq’s flagging export capacity, allowing it to fully tap into its upstream production capacity (MEES, 23 September 2022).
The decision made by the cabinet on 30 May was based on a recommendation of the firm by the Oil Ministry’s Basrah Oil Company (BOC). The latter has been authorized to finalize contracting once the country’s 2023 budget is passed (MEES, 2 June). In early-2021, the Ministry’s engineering arm SCOP said that it had made 80% progress on the onshore segment of the line and was planning to tender for the offshore part (MEES, 25 February 2021). (CONTINUED - 344 WORDS)