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Nord Stream 2 and Wasco sign weight-coat contract

Nord Stream 2 AG has announced, that the company signed a contract with Wasco Coatings Europe BV to partner for concrete weight coating, pipe storage and logistics.

Nord Stream 2 and Wasco sign weight-coat contract Nord Stream 2 and Wasco sign weight-coat contract

Nord Stream 2 AG has announced on September 7, 2016, that the company signed a contract with Wasco Coatings Europe BV to partner for concrete weight coating, pipe storage and logistics.

 

The company will provide concrete weight coating, pipe storage and logistics for the Nord Stream 2 project, with the scope of work worth approximately €600 million.

 

The first pipes will be delivered from the pipe mills to the coating plant in Kotka, Finland, end of September and to Mukran, Germany, early November.

Coating operations will start in early 2017. First gas through the new 55 bln m³/yr system, which like Nord Stream 1 will consist of two parallel pipes, is expected to flow in late 2019.

Wasco estimates that it will employ at its peak of production close to 300 persons in Kotka and 150 persons in Mukran coating plants during the project.

 

«We are extremely proud of the award of this contract as this is another testament of our capabilities and the strength of our brand in the competitive oil and gas industry,» said Giancarlo Maccagno, Group CEO of Wasco Energy Group of Companies.

 

When construction starts in 2018, half of the pipes have to be concrete weight coated and readily available at the logistics sites along the pipeline route to meet the Nord Stream 2 construction schedule, Nord Stream 2 said.

 

The Nord Stream 2 pipeline, consists of 2 parallel 48 inch lines, each roughly 745.6 mile (1,200 kilometer) long, will deliver gas from south west of St Petersburg in Russia to the German coast near Greifswald.

Source : Neftegaz.RU