CRTS Was Awarded a $48.4 Million Contract From Snamprogetti Saudi Arabia

Insituform Technologies, Inc. said that its subsidiary, CRTS, Inc., has been awarded a $48.4 million contract from Snamprogetti Saudi Arabia Ltd., a subsidiary of Eni S.p.A., to provide robotic coating of internal field joints for Saudi Aramco offshore pipelines that will transport natural gas from new offshore wells in the Hasbah and Arabiyah gas fields. CRTS and its local partner, Diversified Lines for Petroleum Services, will provide robotic internal field joint coating for pipelines ranging in diameter from 10-36 inches. Mobilization and preparatory work for the project is expected to begin in July 2011. Preparations will include equipment construction, materials and weld quality control testing and shipment of materials to the job site. Internal field joint coating activities are expected to begin in the second quarter of 2012 and take approximately 12 months to complete. The two offshore fields northeast of Dhahran will add a combined 2.5 billion cubic feet per day of natural gas to Saudi Aramco's existing capacity. The gas recovered from Hasbah and Arabiyah will be sent to Saudi Aramco's onshore Wasit gas plant to be processed. The $6 billion (USD) Saudi Aramco Wasit gas plant will be its largest gas plant in the Kingdom of Saudi Arabia and is expected to be operational in 2013. Source: coatingsworld.com