Arkad-ABB SpA, as a member of the consortium led by the Saudi engineering and construction group Arkad, has signed a contract with Bulgartransgaz EAD, a natural gas combined operator, to engineer, procure, construct and fund (EPC&F) a gas pipeline system expansion in Bulgaria. The consortium is made up of Arkad E&C, a US$3 billion engineering and construction group with over 9000 staff, and Arkad-ABB SpA. Overall contract value for the EPC project is €1.102 billion.
Scope of the contract is the construction and delivery of a 48 in., 474 km (295 mile) pipeline linking Bulgaria’s southern border with Turkey to its western border with Serbia. Arkad-ABB will deliver engineering, procurement services, and support to construction, pre-commissioning and commissioning activities for the entire project, through a highly skilled task force mobilised to Bulgaria, and its experienced team located in the Milan head office. The consortium expects to begin work on the project execution immediately after the contract signing and the targeted date of project completion for the whole pipeline system will be 615 days from the letter of assignment date.
Source: http://bit.ly/2lfTOsf
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