Italy’s Techint Wins Zubair Deal

By John Lee.

Italy’s Techint Engineering and Construction has won a $387.8 million contract to build housing for workers at the Zubair oil field, reports Fox Business.

Techint will build a village for workers and a regional office for operating partners in the field, the Iraqi council of ministers said, adding that work in the project would take 30 months to finish.

It isn’t known which other companies competed with Techint to win the project.

In September, the cabinet approved a $358.8 million contract with Italy’s SICIM and Dubai-based Drake and Scull to lay pipelines at the Zubair field.

(Source: Fox Business)

One Response to Italy’s Techint Wins Zubair Deal

  1. Basra News April 12, 2013 at 9:33 pm #

    Techint from Italy and Ustay from Turkey won this contract together as JV. It is interesting that only Techint named as the contractor…