Renovation And Development Of Resalat Offshore Facilities

BRIEF DESCRIPTION:
Resalat (R1) offshore complex is a 40 year old platform located in the Persian Gulf, 90 km from the coast of Iran and was partly damaged during Iran-Iraq war. This EPCI contract involves renovation and reconstruction of the existing platform to upgrade the production from the present 8,000 barrels per day (“bpd”) to 47,800 bpd.

CONTRACT PERIOD:
41 months plus maintenance of 12 months

CLIENT:
Iranian Offshore Oil Company (IOOC) subsidiary of National Iranian Oil Company (NIOC)

EPCI CONTRACTOR:
Amona International Venture Sdn Bhd ( a member of Amona group)

PRINCIPAL BANKER:
China Construction Bank

STRATEGIC PARTNERS:
China Offshore Oil