Another major contract for Blue Water Shipping in Kazakhstan

Blue Water Shipping will lead a consortium which has been awarded a USD 154 million contract by Tengizchevroil (TCO)

Another major contract for Blue Water Shipping in Kazakhstan

The consortium, led by Blue Water Shipping (BWS) in partnership with Kazmortransflot (KMTF), will be overall responsible for transporting 75 modules and cargo weighing up to 1,600 tons on the Caspian Sea from Kuryk to the port of Prorva close to the Tengiz oil field in Kazakhstan.  Blue Water Shipping will, in the consortium, be responsible for transportation and project management, while KMTF will supply and operate three specially designed MCVs (Module Carrying Vessels).

The new vessels have a length of 113 metres and a width of 21 metres and are to be built by Vard at their yard in Romania. They will be owned and operated by KMTF, who has subcontracted with Topaz Energy and Marine for technical management. KMTF is a shipping company which main activity is to develop the national merchant marine fleet of the Republic of Kazakhstan in the Caspian Sea and open seas. Main activities include oil cargo transportation.

Earlier this year, Blue Water Shipping announced another major contract, in connection with the TCO FGP-WPMP project, with a value of USD 350 million. Here, BWS is leading a consortium with Topaz Marine and Energy which will supply 15 specially designed MCVs for the transportation of Modules through the Russian river systems to the Port of Prorva.

Tengizchevroil LLP is a Kazakhstani partnership exploring, developing, producing and marketing crude oil, LPG, dry gas and sulfur. Current partners are: Chevron Overseas Company, 50 percent; KazMunayGas NC JSC, 20 percent; ExxonMobil Kazakhstan Ventures Inc., 25 percent and LUKARCO B.V., 5 percent.

“Executing transport and logistical projects like this requires comprehensive expertise. During the past 20 years, our company has developed a strong set-up when it comes to complex logistics in the Caspian Sea region,” states Kurt Skov, CEO and Founder of Blue Water Shipping.

He adds: “We see these two contracts as very important milestones in our continuous development as a specialist in project transport and logistics globally – and of course especially in the Caspian Region.”